Legal Opinion

United States v. Michigan National Corp.

Supreme Court of the United States

Decided October 21, 1974No. 73-1737PublishedCited by 64 opinions

1Per curiam

This is an appeal from an order of the District Court dismissing without prejudice the Government’s suit under § 7 of the Clayton Act, 38 Stat. 731, 15 U. S. C. § 18, to enjoin a bank holding company’s acquisition. Appellee Michigan National Corporation (MNC), a bank holding company that owns five Michigan banks, seeks control of four additional Michigan banks. The planned acquisition will take the following form. MNC will charter four “phantom” banks, initially having no assets or deposits, whose stock it will acquire. The four target banks will be merged with the phantom banks, thereby…

2Cases cited14 opinions

  1. Railroad Comm'n of Tex. v. Pullman Co.Supreme Court of the United States · 1941
  2. Aetna Life Insurance v. HaworthSupreme Court of the United States · 1937
  3. England v. Louisiana State Board of Medical ExaminersSupreme Court of the United States · 1964
  4. Far East Conference v. United StatesSupreme Court of the United States · 1952
  5. Spector Motor Service, Inc. v. McLaughlinSupreme Court of the United States · 1944

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3Cited by64 opinions

  1. Mt. Hood Stages, Inc., Doing Business as Pacific Trailways v. The Greyhound Corporation and Greyhound Lines, Inc.Court of Appeals for the Ninth Circuit · 1980
  2. Johnnie Will Johnson v. Artim Transportation System, Inc., and Teamsters Union Local 142, DefendantsCourt of Appeals for the Seventh Circuit · 1987
  3. Ton Services, Inc. v. Qwest Corp.Court of Appeals for the Tenth Circuit · 2007
  4. City of Peoria v. General Electric Cablevision Corporation (Gecco), and Third-Party v. Federal Communications Commission, Third-PartyCourt of Appeals for the Third Circuit · 1982
  5. Gemini Enterprises, Inc. v. WFMY Television Corp.District Court, M.D. North Carolina · 1979

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