Legal Opinion
The Business Roundtable v. Securities and Exchange Commission
Court of Appeals for the D.C. Circuit
Decided June 12, 1990No. 88-1651PublishedCited by 37 opinions
1Opinion of the Court
Opinion for the Court filed by Circuit Judge WILLIAMS.
STEPHEN F. WILLIAMS, Circuit Judge:
In 1984 General Motors announced a plan to issue a second class of common stock with one-half vote per share. The proposal collided with a longstanding rule of the New York Stock Exchange that required listed companies to provide one vote per share of common stock. The NYSE balked at enforcement, and after two years filed a proposal with the Securities and Exchange Commission to relax its own rule. The SEC did not approve the rule change but responded with one of its own. On July 7, 1988, it adopted Rule…
2Cases cited18 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Marbury v. MadisonSupreme Court of the United States · 1803
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cort v. AshSupreme Court of the United States · 1975
13 more not listed; retrieve them via the Exa API.
3Cited by37 opinions
- Robert Eckstein v. Balcor Film InvestorsCourt of Appeals for the Seventh Circuit · 1993
- Credit Suisse First Boston Corporation, a Massachusetts Corporation v. Michael Scott Grunwald, a California ResidentCourt of Appeals for the First Circuit · 2005
- Chamber of Commerce of United States v. Securities & Exchange CommissionCourt of Appeals for the D.C. Circuit · 2005
- Amelia Roosevelt v. E.I. Du Pont De Nemours & CompanyCourt of Appeals for the D.C. Circuit · 1992
- Council For Urological Interes v. Sylvia Mathews BurwellCourt of Appeals for the D.C. Circuit · 2015
32 more not listed; retrieve them via the Exa API.