Chisolm v. TranSouth Financial Corp.’s Empirical Analysis
95 F.3d 331 · 1996
Citation profile
23 federal appellate · 23 district · 1 state decisions
How this case has been cited
Cited by 88 later decisions — most recently June 2018 · most notably Miller v. Gammie (2003), American Chiropractic Association Incorporated Dc
23 federal appellate · 23 district · 1 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.
Relationships
Relies on United Mine Workers of America v. Gibbs · Sedima Sprl v. Imrex Company Inc · Pereira v. United States · Holmes v. Securities Investor Protection Corporation · Weissbrodt v. White Mountain Apache Tribe of Arizona
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 88 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“(a) It shall be unlawful for any person who has received any income derived, directly or indirectly, from a pattern of racketeering activity or through collection of an unlawful debt in which such person has participated as a principal within the meaning of section 2, title 18, United States Code, to use or invest, directly or indirectly, any part of such income, or the proceeds of such income, in acquisition of any interest in, or the establishment or operation of, any enterprise which is engaged in, or the activities of which affect, interstate or foreign commerce. A purchase of securities on the open market for purposes of investment, and without the intention of controlling or participating in the control of the issuer, or of assisting another to do so, shall not be unlawful under this subsection if the securities of the issuer held by the purchaser, the members of his immediate family, and his or their accomplices in any pattern or racketeering activity or the collection of an unlawful debt after such purchase do not amount in the aggregate to one percent of the outstanding securities of any one class, and do not confer, either in law or in fact, the power to elect one or more directors of the issuer. (b) It shall be unlawful for any person through a pattern of racketeering activity or through collection of an unlawful debt to acquire or maintain, directly or indirectly, any interest in or control of any enterprise which is engaged in, or the activities of which affect, ”
3 later decisions quote this exact passage · from the majority“must be a `classic' one[,] ... the plaintiff must have justifiably relied, to his detriment, on the defendant's material misrepresentation.”
3 later decisions quote this exact passage · from the majority“a civil RICO suit may be maintained, not only in mail fraud cases where the deceitful mailing is the blade rushing down' toward the guillotine victim, but also in cases involving more grandiose schemes to cheat, where the mailing is but part of the frame that holds the blade.... The only caveat is that, where fraud is alleged as a proximate cause of the injury, the fraud must be a “classic” one. In other words, the plaintiff must have justifiably relied, to his detriment, on the defendant’s material misrepresentation.”
2 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.