Legal Opinion

Securities & Exchange Commission v. Dresser Industries, Inc.

Court of Appeals for the D.C. Circuit

Decided July 16, 1980No. Nos. 78-1702, 78-1705PublishedCited by 16 opinions

1Opinion of the Court

Opinion for the court filed by Chief Judge WRIGHT.

J. SKELLY WRIGHT, Chief Judge:

Dresser Industries, Inc. (Dresser) appeals from a decision of the District Court1 requiring obedience to a subpoena duces tecum issued by the Securities and Exchange Commission (SEC) on April 21, 1978, and denying Dresser’s motion to quash the subpoena.2 The subpoena was issued in. connection with an SEC investigation into Dresser’s use of corporate funds to make what are euphemistically called “questionable foreign payments,” and into the adequacy of Dresser’s disclosures of such payments under the securities…

2Cases cited49 opinions

  1. Brady v. MarylandSupreme Court of the United States · 1963
  2. Baxter v. PalmigianoSupreme Court of the United States · 1976
  3. United States v. Procter & Gamble Co.Supreme Court of the United States · 1958
  4. Jencks v. United StatesSupreme Court of the United States · 1957
  5. United States v. Morton Salt Co.Supreme Court of the United States · 1950

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3Cited by16 opinions

  1. Fund for Constitutional Government v. National Archives and Records ServiceCourt of Appeals for the D.C. Circuit · 1981
  2. Fed. Sec. L. Rep. P 99,083 Securities and Exchange Commission v. Flight Transportation Corporation, FTC Executive Air Charter, Inc., FTC Cayman, Ltd., and William Rubin, Greyhound Leasing & Financial Corporation, Securities and Exchange Commission v. Flight Transportation Corporation, FTC Executive Air Charter, Inc., FTC Cayman, Ltd., and William Rubin, Joyce RubinCourt of Appeals for the Eighth Circuit · 1983
  3. Ex Parte BaughSupreme Court of Alabama · 1988
  4. Twenty First Century Corp. v. LaBiancaDistrict Court, E.D. New York · 1992
  5. Securities and Exchange Commission v. Dresser Industries, Inc., United States, Intervenor. Securities and Exchange Commission v. Dresser Industries, Inc., Edward R. Luter, United States, IntervenorCourt of Appeals for the D.C. Circuit · 1980

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