Legal Opinion

Securities & Exchange Commission v. Texas International Co.

District Court, N.D. Illinois

Decided September 30, 1980No. 78 C 847PublishedCited by 16 opinions

1Opinion of the Court

MEMORANDUM DECISION

MARSHALL, District Judge.

This case involves the application of two complex sets of statutes. The first is Chapter X of the Bankruptcy Act, 11 U.S.C. §§ 501-676, relating to the reorganization of a corporate debtor so that its stockholders and creditors receive fair consideration of their claims and so that it emerges from the bankruptcy proceedings as a revitalized corporation with a sound financial structure; the second is the reporting and anti-fraud sections of the federal securities acts, which are designed to regulate the issuance and acquisition of securities so that…

2Cases cited42 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  4. Tcherepnin v. KnightSupreme Court of the United States · 1967
  5. Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963

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3Cited by16 opinions

  1. Simon Debartolo Group, L.P., Gordon Altman Butowsky Weitzen Shalov & Wein v. The Richard E. Jacobs Group, Inc., and New England Development, Inc.Court of Appeals for the Second Circuit · 1999
  2. FMC Corp. v. BoeskyDistrict Court, N.D. Illinois · 1989
  3. Gearhart Industries, Inc. v. Smith International, Inc.District Court, N.D. Texas · 1984
  4. Mills v. Esmark, Inc.District Court, N.D. Illinois · 1982
  5. David Colan, and Unocal Corporation v. Mesa Petroleum Co., David Colan, and Unocal Corporation v. Mesa Petroleum Co.Court of Appeals for the Ninth Circuit · 1991

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