Legal Opinion
Niagara Hudson Power Corp. v. Leventritt
Supreme Court of the United States
Decided January 15, 1951No. 211PublishedCited by 23 opinions
1Opinion of the Court
*338Mr. Justice Burton
delivered thie opinion of the Court.
These cases test the validity of the Securities and Exchange Commission’s finding that a plan of reorganization is “fair and equitable” within the meaning of § 11 of the Public Utility Holding Company Act of 1935,1 although the plan makes no provision for the participation of outstanding stock option warrants relating to the common stock of the company to be reorganized. The basis *339for the Commission’s conclusion is that it cannot find that there is a reasonable expectation, within the foreseeable future, that the market price of the common…
2Cases cited8 opinions
- Consolidated Rock Products Co. v. Du BoisSupreme Court of the United States · 1941
- Group of Institutional Investors v. Chicago, M., St. P. & P.R. Co., and 9 Other CasesSupreme Court of the United States · 1943
- Securities & Exchange Commission v. Central-Illinois Securities Corp.Supreme Court of the United States · 1949
- Otis & Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1945
- In re Electric Power & Light Corp.Court of Appeals for the Second Circuit · 1949
3 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Glassman v. Computervision Corp.Court of Appeals for the First Circuit · 1996
- Barrett v. Veritas OffshoreCourt of Appeals for the First Circuit · 2001
- The Lesavoy Foundation v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1956
- Osage Nation of Indians v. United StatesUnited States Court of Claims · 1951
- Northwest Greyhound Lines, Inc. v. McCornackWashington Supreme Court · 1952
18 more not listed; retrieve them via the Exa API.