Legal Opinion

Bangor Punta Operations, Inc. v. Bangor & Aroostook Railroad

Supreme Court of the United States

Decided June 19, 1974No. 73-718PublishedCited by 206 opinions

1Opinion of the CourtJustice Powell

This case involves an action by a Maine railroad corporation seeking damages from its former owners for violations of federal antitrust and securities laws, applicable state statutes, and common-law principles. The complaint alleged that the former owners had engaged in various acts of corporate waste and mismanagement during the period of their control. The shareholder presently in control of the railroad acquired more than 99 % of the railroad’s shares from the former owners long after the alleged wrongs occurred. We must decide whether equitable principles applicable under federal and…

2Cases cited20 opinions

Erie Railroad v. TompkinsSupreme Court of the United States · 1938
New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
Hawes v. OaklandSupreme Court of the United States · 1882
Chicago, Milwaukee & St. Paul Railway Co. v. Minneapolis Civic & Commerce Ass'nSupreme Court of the United States · 1918
Home Fire Insurance v. BarberNebraska Supreme Court · 1903

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

3Cited by206 opinions

First National City Bank v. Banco Para El Comercio Exterior De CubaSupreme Court of the United States · 1983
In re Japanese Electronic Products Antitrust LitigationCourt of Appeals for the Third Circuit · 1983
Intergen N v. v. GrinaCourt of Appeals for the First Circuit · 2003
United Electrical, Radio and MacHine Workers of America v. 163 Pleasant Street Corporation, International Twist Drill (Holdings), Limited, United Electrical, Radio and MacHine Workers of America v. 163 Pleasant Street CorporationCourt of Appeals for the First Circuit · 1992
Ed Freeman and Wife Sharon Freeman, Cross-Appellants v. Northwest Acceptance Corporation, Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1985

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