Legal Opinion

Dynamics Corp. of America v. CTS Corp.

District Court, N.D. Illinois

Decided June 20, 1986No. 86 C 1624PublishedCited by 2 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

GETZENDANNER, District Judge:

This action under the Securities Exchange Act and pendent state-law counts is before the court pursuant to a directive from the Seventh Circuit for a supplemental opinion. The procedural background of this request is as follows. On April 17, 1986, 637 F.Supp. 406, this court preliminarily enjoined defendant CTS Corporation from enforcing an acquisition triggered “flip-in” shareholder rights plan to prevent a partial tender offer and proxy fight by plaintiff Dynamics Corporation of America (“DCA”). The injunction was appealed on an…

2Cases cited7 opinions

  1. Erie Railroad v. TompkinsSupreme Court of the United States · 1938
  2. Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.Supreme Court of Delaware · 1986
  3. Unocal Corp. v. Mesa Petroleum Co.Supreme Court of Delaware · 1985
  4. Moran v. Household International, Inc.Supreme Court of Delaware · 1985
  5. Dynamics Corporation of America, Counterdefendant-Appellee v. Cts Corporation, Counterplaintiff-Appellant. State of Indiana, Intervenor-AppellantCourt of Appeals for the Seventh Circuit · 1986

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3Cited by2 opinions

  1. Dynamics Corp. of America v. CTS Corp.Court of Appeals for the Seventh Circuit · 1986
  2. Fed. Sec. L. Rep. P 92,993 Dynamics Corporation of America, a New York Corporation v. Cts Corporation, an Indiana CorporationCourt of Appeals for the Seventh Circuit · 1986

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