Legal Opinion

In re American Water Works & Electric Co.

District Court, D. Delaware

Decided September 17, 1952No. Civ. A. No. 1008Published

1Opinion of the Court

LEAHY, Chief Judge.

On October 15, 1947, American Water Works and Electric Company, Inc. was liquidated under § 11(b) and (e) of. the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79k(b, e), under two plans approved by the Securities and Exchange Commission and enforced and approved by this court. Under these plans a subsidiary of American, American Water Works Company, Inc., through which American had controlled approximately one-half of its water company subsidiaries, acquired American’s other interests and water companies. Water Works was reorganized whereby two of its…

2Cases cited11 opinions

  1. Schwabacher v. United StatesSupreme Court of the United States · 1948
  2. Securities & Exchange Commission v. Central-Illinois Securities Corp.Supreme Court of the United States · 1949
  3. Otis & Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1945
  4. Niagara Hudson Power Corp. v. LeventrittSupreme Court of the United States · 1951
  5. In re Engineers Public Service Co.Court of Appeals for the Third Circuit · 1948

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