LAURENT, RECEIVER, ET AL.

v.

STITES, TRUSTEE IN BANKRUPTCY

Citator

Cited By

• Krivo Indus. Supply Co. & Morgan Precision Parts, Inc. v. Nat'l Distillers & Chem. Corp., 483 F.2d 1098 (5th Cir. 1973)
  …No lesser standard is applied in “instrumentality” cases involving a creditor-debtor relationship. As the Court said in In re Kentucky Wagon Mfg. Co., 3 F.Supp. 958, 963 (W.D.Ky.1932), aff’d, 71 F. 2d 802 (6th Cir.), cert. denied, Laurent v. Stites, 293 U.S. 612, 55 S.Ct. 142, 79 L.Ed. 701 (1934), “[i]t is to be noted that it is not ‘controlling influence’ that is essential. It is actual control of the action of the subordinate corporation.” In addition to actual and total control of the subservient corpor…
• Sec. & Exch. Comm'n v. Sunbeam Gold Mines Co., 95 F.2d 699 (9th Cir. 1938)
  …enied 280 U.S. 593, 50 S.Ct. 40, 74 L.Ed. 640. See, also, Hanover Star Mill Co. v. Allen & Wheeler Co., 7 Cir., 208 F. 513, 523, L.R.A.1916D, 136, and City of Covington, Ky. v. Cincinnati, N. & C. R. Co., 6 Cir., 71 F. 2d 117, 110, certiorari denied 293 U.S. 612, 55 S.Ct. 142, 79 L.Ed. 702. The purpose of the Securities Act is stated in its title to be: “To provide full and fair disclosure of the character of securities sold in interstate and foreign commerce and through the mails, and to prevent frauds in…