Legal Opinion
Securities & Exchange Commission v. Drexel & Co.
Supreme Court of the United States
Decided April 18, 1955No. 153PublishedCited by 8 opinions
1Opinion of the CourtJustice Douglas
The question in the case is whether the Securities and Exchange Commission has jurisdiction to pass on a fee to be paid by Electric Bond & Share Co. to Drexel & Co. in connection with a reorganization plan filed by its subsidiary, Electric Power & Light Corp., under § 11 (e) of the Public Utility Holding Company Act of 1935, 49 Stat. 803, 15 U. S. C. § 79a et seq. We hold that the Commission does have jurisdiction.
The problem arises out of the unraveling and reorganization of the vast empire of Bond & Share, pursuant to the command of the Act. The present case is one of several phases of the…
2Cases cited6 opinions
- American Power & Light Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1946
- Leiman v. GuttmanSupreme Court of the United States · 1949
- In Re United Gas CorporationDistrict Court, D. Delaware · 1944
- In Re Electric Power & Light Corp.Court of Appeals for the Second Circuit · 1954
- In Re Public Service Corp. Of New Jersey. Drinker Biddle & Reath v. Securities and Exchange Commission. United Corp. v. Securities and Exchange CommissionCourt of Appeals for the Third Circuit · 1954
1 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- West Virginia University Hospitals, Inc. v. CaseySupreme Court of the United States · 1991
- West Virginia University Hospitals, Inc. v. CaseySupreme Court of the United States · 1991
- In re Standard Gas & Electric Co.District Court, D. Delaware · 1956
- Matter of Engineers Public Service Company. Securities and Exchange Commission v. Guggenheimer & Untermyer, Louis Boehm, and Raymond L. WiseCourt of Appeals for the Third Circuit · 1955
- Matter of Engineers Public Service Company. Securities and Exchange Commission v. Guggenheimer & Untermyer, Louis Boehm, and Raymond L. WiseCourt of Appeals for the Third Circuit · 1955
3 more not listed; retrieve them via the Exa API.