Legal Opinion
Bishop v. Commodity Exchange, Inc.
District Court, S.D. New York
Decided June 13, 1983No. 82 Civ. 0312 (MEL)PublishedCited by 13 opinions
1Opinion of the Court
LASKER, District Judge.
Defendants move pursuant to Fed.R. Civ.Pr. 12(b)(6) and 9(b) to dismiss the complaint in this action which alleges manipulation of the market for silver futures contracts. Familiarity with the earlier decision in this case, 562 F.Supp. 516 (S.D.N.Y.1983), is assumed.
David Bishop, who held a “long position” in silver futures in January, 1980, complains that the promulgation by the Commodity Exchange, Inc. (“Comex”) of a “liquidation only rule” (“the rule”) constituted bad faith on the part of the Comex Board of Governors, in that the Governors who enacted the rule did so…
2Cases cited19 opinions
- Harlow v. FitzgeraldSupreme Court of the United States · 1982
- Scheuer v. RhodesSupreme Court of the United States · 1974
- Butz v. EconomouSupreme Court of the United States · 1978
- Florida Lime & Avocado Growers, Inc. v. PaulSupreme Court of the United States · 1963
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
14 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Roundtree v. City of New YorkDistrict Court, E.D. New York · 1991
- Apex Oil Co. v. DiMauroDistrict Court, S.D. New York · 1986
- De Atucha v. Commodity Exchange, Inc.District Court, S.D. New York · 1985
- Sam Wong & Son, Inc. v. New York Mercantile ExchangeCourt of Appeals for the Second Circuit · 1984
- Jordon v. New York Mercantile ExchangeDistrict Court, S.D. New York · 1983
8 more not listed; retrieve them via the Exa API.