Legal Opinion

Gustave Gerstle, (Cross-Appellants) v. Gamble-Skogmo, Inc., (Cross-Appellee)

Court of Appeals for the Second Circuit

Decided May 9, 1973No. 604, 605, Dockets 72-2259, 72-2345PublishedCited by 232 opinions

1Opinion of the Court

FRIENDLY, Chief Judge:

This appeal and cross-appeal in a class action by minority stockholders of General Outdoor Advertising Co. (GOA), attacking its merger into defendant Gamble-Skogmo, Inc. (Skogmo), raise a variety of new and difficult questions with respect to the SEC’s Proxy Rules, adopted under § 14(a) of the Securities Exchange Act, and the remedy for their violation. Three comprehensive opinions *1284by Judge Bartels, 298 F.Supp. 66 (E.D.N.Y.1969), 332 F.Supp. 644 (E.D.N.Y. 1971) , and 348 F.Supp. 979 (E.D.N.Y. 1972) , along with two elaborate reports by the special master, Arthur H.…

2Cases cited30 opinions

  1. Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
  2. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  3. Newman v. Piggie Park Enterprises, Inc.Supreme Court of the United States · 1968
  4. J. I. Case Co. v. BorakSupreme Court of the United States · 1964
  5. Sprague v. Ticonic National BankSupreme Court of the United States · 1939

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3Cited by232 opinions

  1. Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
  2. TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
  3. Virginia Bankshares, Inc. v. SandbergSupreme Court of the United States · 1991
  4. Fed. Sec. L. Rep. P 94,853 John Schlick v. Penn-Dixie Cement CorporationCourt of Appeals for the Second Circuit · 1974
  5. Fed. Sec. L. Rep. P 94,041 Sonesta International Hotels Corporation v. Wellington AssociatesCourt of Appeals for the Second Circuit · 1973

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