| Arthur M. Borden, Joel A. Yunis - Business & Economics - 1982 - 1662 pages
...securities, particularly where established state policies of corporate regulation would be overridden. . . . 'Corporations are creatures of state law, and investors...state law will govern the internal affairs of the corporation."6 "We thus adhere to the position that 'Congress by § 10(b) did not seek to regulate... | |
| Marc I. Steinberg - Business & Economics - 1984 - 1220 pages
...areas traditionally left to state law.21 The Court observed that "corporations are creatures of slate law, and investors commit their funds to corporate...state law will govern the internal affairs of the corporation."22 Both cases evidence the Court's contraction of the scope of the federal securities... | |
| United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities - Insider trading in securities - 1987 - 312 pages
...Aircraft Corp. v. Chris-Craft Industries, Inc., i30 US 1 (1977i; Cort v. Ash, i22 US 66, 8i (1975i ("Corporations are creatures of state law, and investors...state law will govern the internal affairs of the corporation.°i. See also, CTS Corp. v. Dynamics Corp. of America, 55 USLW ii78 (US Apr. 21, 19871... | |
| Murray L. Weidenbaum, Kenneth W. Chilton - Political Science - 200 pages
...commit their funds to corporate directors on the understanding that except u here federal law expressiy requires certain responsibilities of directors with...will govern the internal affairs of the corporation." Since Santa Fe several federal courts of appeals have hroadly interpreted "deception" so as to give... | |
| |