Collins v. Securities & Exchange Commission
Court of Appeals for the Eighth Circuit
1Opinion of the Court
HEANEY, Circuit Judge.
We review an order of the Securities and Exchange Commission exempting from the prohibition of § 17(a) of the Investment Company Act of 1940, 15 U.S.C. § 80a-l et seq., the proposed merger of Christiana Securities Company into E. I. du Pont de Nemours and Company. The Commission granted the exemption after finding the merger terms to be reasonable and fair and free from overreaching on the part of anyone concerned within the meaning of § 17(b)(1)1 of the Act. We reverse because:(1) The Commission’s order is premised on the erroneous view that Christiana should…
2Cases cited31 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1947
- Pepper v. LittonSupreme Court of the United States · 1939
- Protective Committee for Independent Stockholders of TMT Trailer Ferry, Inc. v. AndersonSupreme Court of the United States · 1968
- Case v. Los Angeles Lumber Products Co.Supreme Court of the United States · 1939
- United States v. CartwrightSupreme Court of the United States · 1973
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3Cited by9 opinions
- E. I. Du Pont De Nemours & Co. v. CollinsSupreme Court of the United States · 1977
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- North Dakota State Wheat Commission v. United StatesCourt of Appeals for the Eighth Circuit · 1977
- Burlington Northern, Inc. v. United StatesCourt of Appeals for the Eighth Circuit · 1977
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