COMMON STOCKHOLDERS COM. v. SECURITIES & EXCH. COMN.

No. 215, Docket 21641.

183 F.2d 45 (1950)

COMMON STOCKHOLDERS COMMITTEE OF LONG ISLAND LIGHTING CO. et al. v. SECURITIES & EXCHANGE COMMISSION et al.

United States Court of Appeals Second Circuit.

Decided June 1, 1950.

On Petition for Modification July 5, 1950.

Writ of Certiorari Denied October 9, 1950.


Attorney(s) appearing for the Case

Harold G. Aron, Washington, D. C., Lynne A. Warren and Charles B. McGroddy, Jr., New York City, for appellant Common Stockholders Committee.

Graustein & Kormendi, New York City, Laszlo Kormendi, New York City, of counsel, for appellant Louis W. Gordon.

Maurice B. & Daniel N. Blumenthal, New York City, for certain individual stockholders, appellants.

Roger S. Foster, General Counsel, Harry G. Slater, Chief Counsel, Division of Public Utilities, Ellwood L. Englander and Solomon Freedman, Washington, D. C., for appellee Securities and Exchange Commission.

Charles G. Blakeslee, New York City, David K. Kadane and Charles E. Elbert, New York City, of counsel, special counsel for appellees Long Island Lighting Co., Queens Borough Gas & Electric Co., and Nassau & Suffolk Lighting Co.

Percival E. Jackson, New York City, Theodore N. Tarlau and Joseph J. Bryer, New York City, on the brief, for Long Island Lighting Co. 7% and 6% Preferred Stockholders Group, appellees.

Unger & Pollack, New York City, Milton Pollack and Richard F. Wolfson, New York City, of counsel, for appellee Committee of Preferred Stockholders of Long Island Lighting Co.

Before L. HAND, Chief Judge, and SWAN and CHASE, Circuit Judges.


Writ of Certiorari Denied October 9, 1950. See 71 S.Ct. 64.

SWAN, Circuit Judge.

This is an appeal from an order of the District Court, following its opinion of February 10, 1950, which directs enforcement of an amended plan filed under section 11(e) of the Public Utility Holding Company Act of 1935, 15 U.S.C.A. § 79k(e), for the reorganization and consolidation of Long Island Lighting Company and its subsidiaries, Queens Borough Gas and Electric Company...

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