Legal Opinion

Frank J. Laird v. Interstate Commerce Commission and United States of America, the Kansas City Southern Railway Company, Intervenor

Court of Appeals for the Third Circuit

Decided October 14, 1982No. 82-3076PublishedCited by 15 opinions

1Opinion of the Court

OPINION OF THE COURT

ALDISERT, Circuit Judge.

This petition, filed by a protesting minority shareholder, asks us to review the Interstate Commerce Commission’s approval of a transaction of the Kansas City Southern Railway Company involving a reverse stock split coupled with the purchase of any resulting fractional shares. We are required to decide: whether there is substantial evidence in the record as a whole to support the Commission’s findings that the transaction was for a proper corporate purpose and that adequate compensation was offered for the fractional shares; whether the Commission…

2Cases cited24 opinions

  1. Consolidated Edison Co. v. National Labor Relations BoardSupreme Court of the United States · 1938
  2. Universal Camera Corp. v. National Labor Relations BoardSupreme Court of the United States · 1951
  3. Consolo v. Federal Maritime CommissionSupreme Court of the United States · 1966
  4. Bowman Transportation, Inc. v. Arkansas-Best Freight System, Inc.Supreme Court of the United States · 1975
  5. Vermont Yankee Nuclear Power Corp. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1978

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3Cited by15 opinions

  1. U.S. Bank N. A. v. Cold Spring Granite Co.Supreme Court of Minnesota · 2011
  2. Lerner v. Lerner Corp.Court of Special Appeals of Maryland · 2000
  3. Lovgren v. ByrneCourt of Appeals for the Third Circuit · 1986
  4. Lerner v. Lerner Corp.Court of Special Appeals of Maryland · 2000
  5. Gunderson v. United States Department of LaborCourt of Appeals for the Tenth Circuit · 2010

10 more not listed; retrieve them via the Exa API.

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