Securities & Exchange Commission v. American Trailer Rentals Co.’s Empirical Analysis
1965
Citation profile
80 federal appellate · 30 district · 5 state decisions
How this case has been cited
Cited by 280 later decisions (8 by the Supreme Court) — most recently August 2023 · most notably Toibb v. Radloff (1991), Caplin v. Marine Midland Grace Trust Co. of New York (1972)
80 federal appellate · 30 district · 5 state decisions
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Appellate journey
reviewedSecurities & Exchange Commission v. American Trailer Rentals Co. (from Tenth Circuit Court of Appeals)
Relationships
Applies 11 U.S.C. § 501 · 11 U.S.C. § 701 · 11 U.S.C. § 728 · 15 U.S.C. § 77A (§ 1 of the Securities Act of 1933) · 15 U.S.C. § 77C (§ 3 of the Securities Act of 1933) · 15 U.S.C. § 77H (§ 8 of the Securities Act of 1933) · 15 U.S.C. § 78A (§ 1 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78D (§ 4 of the Securities Exchange Act of 1934)
Relies on Securities & Exchange Commission v. United States Realty & Improvement Co. · General Stores Corp. v. Shlensky · Fidelity Assur Ass'n v. Sims · Grayson-robinson Stores, Inc. v. Securities & Exchange Commission
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 280 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“In enacting these two distinct methods of corporate rehabilitations, Congress has made it quite clear that Chapters X and XI are not alternate routes, the choice of which is in the hands of the debtor. Rather, they are legally, mutually exclusive paths to attempted financial rehabilitation.”
6 later decisions quote this exact passage · from the majority“The judge may, upon application of the Securities and Exchange Commission or any party in interest, and upon such notice to the debtor, to the Securities and Exchange Commission, and to such other persons as the judge may direct, if he finds that the proceedings should have been brought under chapter 10 of this Act, enter an order dismissing the proceedings under this chapter, unless, within such time as the judge shall fix, the petition be amended to comply with the requirement of chapter 10 for the filing of a debtor's petition or a creditor's petition under such chapter, be filed. Upon the filing of such amended petition, or of such creditors' petition . . . such amended petition or creditors' petition shall thereafter . . . be deemed to have been originally filed under such chapter.”
3 later decisions quote this exact passage · from the majoritye.g. In the Matter of Manufacturers Credit Corporation, Debtors, and Official Unsecured Creditors' Committee, Intervenor v. Securities and Exchange Commission, in the Matter of Manufacturers Credit Corporation, Debtors. Sidney Engelhardt, Emanuel Engelhardt, and Isidor Engelhardt, and Kenron Co., a Partnership (Creditors) v. Securities and Exchange Commission, Joseph Thieberg, Receiver · Beach v. KDI Corp.“Public investors are * * * generally widely scattered and are far less likely than trade creditors to be aware of the financial condition and cause of the collapse of the debtor. They are less commonly organized in groups or committees capable of protecting their interests. They do not have the same interest as do trade creditors in continuing the business relations with the debtor. Where debt is publicly held, the SEC is likely, as here, to have become familiar with the debtor's finances, indicating the desirability of its performing its full Chapter X functions. It seems clear that in enacting Chapter X Congress had the protection of public investors, and not trade creditors, primarily in mind.”
3 later decisions quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.