Source: https://www.legalcrystal.com/case/99246/sec-vs-louisiana-pub-svc-comm-n
Timestamp: 2018-05-21 07:35:34
Document Index: 532368672

Matched Legal Cases: ['§ 11', '§ 11', '§ 11', '§ 11', '§ 79', '§ 11', '§ 11']

Sec Vs Louisiana Pub Svc Comm N - Citation 99246 - Court Judgment | LegalCrystal
SEC Vs. Louisiana Pub. Svc. Comm'n - Court Judgment
LegalCrystal Citation legalcrystal.com/99246
Case Number 353 U.S. 368
Respondent Louisiana Pub. Svc. Comm'n
.....hearing directed page 353 u. s. 369 to middle south utilities, inc., and its subsidiary, louisiana power & light company, upon the matter of "[w]hether middle south and louisiana [power] should be required to take action to dispose of the gas utility assets and non-utility assets of louisiana [power] and, if so, what terms and conditions should be imposed in connection therewith." a copy of that notice and order for hearing was served upon those companies and also upon the louisiana public service commission by registered mail. a full hearing was conducted by the sec at which middle south and louisiana power appeared, adduced evidence, and presented arguments in support of their position that they should be permitted to retain louisiana power's gas properties as an.....
SEC v. Louisiana Pub. Svc. Comm'n - 353 U.S. 368 (1957)
U.S. Supreme Court SEC v. Louisiana Pub. Svc. Comm'n, 353 U.S. 368 (1957)
The orders of the Securities and Exchange Commission made judicially reviewable by the last two sentences of § 11(b) of the Public Utility Holding Company Act of 1935 are the directory orders mentioned in, and authorized by, subsection (b) of § 11 of the Act, and orders which may "revoke and modify" any such order previously made under that subsection, and the language referred to does not include an order merely denying petition to reopen § 11(b) proceedings. Pp. 353 U. S. 368 -372.
235 F. 2d 167 reversed.
On January 29, 1953, the Securities and Exchange Commission, pursuant to § 11(b)(1) of the Public Utility Holding Company Act of 1935, 49 Stat. 820, 15 U.S.C. § 79k(b)(1), issued a notice and order for hearing directed
Thereafter, pursuant to § 11(c) of the Act, the SEC extended the time for compliance with its order to March 20, 1955. On November 10, 1954, Louisiana Power and its newly organized wholly owned subsidiary, Louisiana Gas Service Corp., filed a joint "application-declaration"
The Louisiana Commission then filed a petition in the Court of Appeals to review the order of September 13, 1955, denying its petition to reopen, and also therein
We take a different view. We hold that the orders made judicially reviewable by the quoted language are the directory orders mentioned in, and authorized by, subsection (b) of § 11 of the Act, and orders which may "revoke or modify" any such order previously made under that subsection, and that the quoted language does not include an order merely denying a petition to reopen