Legal Opinion
Otis & Co. v. Securities and Exchange Commission
Court of Appeals for the D.C. Circuit
Decided October 17, 1949No. 10058PublishedCited by 17 opinions
1Opinion of the Court
WILBUR K. MILLER, Circuit Judge.
Otis & Company, an investment banking house, was one of three underwriters which contracted to purchase an issue of common stock of Kaiser-Frazer Corporation. Among the conditions precedent in the underwriting agreement was that on February 9, *1948, the closing day, there should be no material litigation pending against Kaiser-Frazer. On the morning of that day, and before the purchase of the stock had been consummated, one Master-son sued Kaiser-Frazer in a state court in Detroit, seeking to enjoin the contemplated sale. Assigning the pendency of that suit as one…
2Cases cited18 opinions
- Consolidated Edison Co. v. National Labor Relations BoardSupreme Court of the United States · 1938
- Myers v. Bethlehem Shipbuilding Corp.Supreme Court of the United States · 1938
- Oklahoma Press Publishing Co. v. WallingSupreme Court of the United States · 1946
- Southern Pacific Railroad v. United StatesSupreme Court of the United States · 1897
- National Labor Relations Board v. Columbian Enameling & Stamping Co.Supreme Court of the United States · 1939
13 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Ward v. KeenanSupreme Court of New Jersey · 1949
- Safir v. GibsonCourt of Appeals for the Second Circuit · 1970
- Denver Building and Construction Trades Council v. National Labor Relations BoardCourt of Appeals for the D.C. Circuit · 1950
- Lee Hon Lung v. John Foster Dulles, Secretary of State of the United States of AmericaCourt of Appeals for the Ninth Circuit · 1958
- Mah Toi v. Herbert Brownell, Jr., as Attorney GeneralCourt of Appeals for the Ninth Circuit · 1955
12 more not listed; retrieve them via the Exa API.