Legal Opinion
New England Electric System v. Securities and Exchange Commission
Court of Appeals for the First Circuit
Decided June 4, 1965No. 6332_1PublishedCited by 10 opinions
1Opinion of the Court
ALDRICH, Chief Judge.
This is a petition seeking to review and set aside a divestment order of the Securities and Exchange Commission pursuant to section 11(b) (1) of the-Public Utility Holding Company Act of 1935, 15 U.S.C. § 79k(b) (1), requiring the petitioner, New England Electric System (NEES) to dispose of its gas utility properties by terminating its relationship with its eight subsidiary gas companies. The ultimate question in the case, which the Commission resolved against NEES, was whether divestiture would cause the loss of “substantial economies” within the meaning of the cited…
2Cases cited19 opinions
- United States v. United Mine Workers of AmericaSupreme Court of the United States · 1947
- Duplex Printing Press Co. v. DeeringSupreme Court of the United States · 1921
- National Labor Relations Board v. Fruit & Vegetable Packers & Warehousemen, Local 760Supreme Court of the United States · 1964
- Market Street Railway Co. v. Railroad Commission of CaliforniaSupreme Court of the United States · 1945
- North American Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1946
14 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Securities & Exchange Commission v. New England Electric SystemSupreme Court of the United States · 1968
- Securities & Exchange Commission v. New England Electric SystemSupreme Court of the United States · 1966
- In Re FultonUnited States Bankruptcy Court, D. Utah · 1985
- Mystic Valley Gas Co. v. Department of Public UtilitiesMassachusetts Supreme Judicial Court · 1971
- New England Electric System v. Securities and Exchange CommissionCourt of Appeals for the First Circuit · 1967
5 more not listed; retrieve them via the Exa API.