396 F. Supp. 310 - United Sportfishers v. Buffo’s Empirical Analysis
1975
Citation profile
4 federal appellate ·
Relationships
Applies 15 U.S.C. § 78A (§ 1 of the Securities Exchange Act of 1934) · 15 U.S.C. § 78C (§ 3 of the Securities Exchange Act of 1934) · 28 U.S.C. § 1333 · 46 U.S.C. § 31322
Relies on Securities & Exchange Commission v. W. J. Howey Co. · Tcherepnin v. Knight · Detroit Trust Co. v. The Thomas Barlum · Securities & Exchange Commission v. Glenn W. Turner Enterprises Inc. · McClure v. First National Bank
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 5 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“is involved where a person invests in real estate, with the hope perhaps of earning a profit as the result of a general increase in values concurrent with the development of the neighborhood, as long as he does not do so as part of an enterprise whereby it is expressly or impliedly understood that the property will be developed or operated by others. 1 L. Loss, Securities Regulation 491-92 (2d ed. 1961). See United Sportfishers v. Buffo, 396 F.Supp. 310, 313-14 (S.D.Cal.1975) 3 Our reluctance to expand the definition of”
2 later decisions quote this exact passage · from the majority“[T]o hold these land sale contracts to be [securities] would do much to bring all commercial real estate transactions . within the ambit of the Securities Acts. Surely, Congress did not intend such a result.”
1 later decision 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.