Legal Opinion
In re Electric Bond & Share Co.
District Court, S.D. New York
Decided January 24, 1951PublishedCited by 2 opinions
1Opinion of the Court
McGOHEY, District Judge.
The Securities and .Exchange Commission, pursuant to §§ 11(e) and 18(f) of the Public Utility Holding Company Act of 1935,' 15 U.S.C.A. §§ 79k(e), 79r(f), applies for approval and enforcement of a plan.
Upon consideration of the oral arguments aod the helpful briefs submitted by counsel I am of the opinion that the Commission’s findings and conclusions upholding the plan as fair and equitable are based on substantial evidence and were reached by application of the proper legal standards. Accordingly, the plan is approved.
The prior history of this holding company…
2Cases cited3 opinions
- Securities & Exchange Commission v. Central-Illinois Securities Corp.Supreme Court of the United States · 1949
- Otis & Co. v. Securities & Exchange CommissionSupreme Court of the United States · 1945
- In Re Electric Bond & Share Co.District Court, S.D. New York · 1946
3Cited by2 opinions
- Sakis v. United StatesDistrict Court, District of Columbia · 1952
- In re American Water Works & Electric Co.District Court, D. Delaware · 1952