Legal Opinion
Securities & Exchange Commission v. Gruss
District Court, S.D. New York
Decided March 28, 2017No. 11 Civ. 2420PublishedCited by 2 opinions
1Opinion of the Court
OPINION
ROBERT W. SWEET, UNITED STATES DISTRICT JUDGE
Table of Contents
Prior Proceedings... 533
The Facts... 533
The Defendant and the Funds Involved ...533
The Operating Documents.. .536
The U.S. Tax Exemption for the Offshore Fund...540
The Offshore Fund Loans to the Onshore Fund...544
The Offshore Fund Loans to Pay Revolver Obligations... 567
The Payment by the Offshore Fund of Onshore Fund Management Fees... 571
The Payment by the Offshore Fund for the Purchase of an Airplane... 574
Materiality.. .582
CONCLUSIONS OF LAW.. .590
The Applicable Standards... 590
The SEC’s Motion for Summary Judgment that…
2Cases cited26 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Aaron v. Securities & Exchange CommissionSupreme Court of the United States · 1980
21 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Calltrol Corporation v. LoxySoft AB and LoxySoft Inc.District Court, S.D. New York · 2025
- Securities and Exchange Commission v. Cetera Advisors LLCDistrict Court, D. Colorado · 2020