(Download) "United States v. W. T. Grant Co. Et Al." by Supreme Court of the United States * Book PDF Kindle ePub Free
eBook details
- Title: United States v. W. T. Grant Co. Et Al.
- Author : Supreme Court of the United States
- Release Date : January 25, 1953
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
For the first time since the enactment of the Clayton Act in 1914 the Court is called upon to consider § 8s prohibitions against interlocking corporate directorates. The Government appeals from judgments dismissing civil actions brought against Hancock and three pairs of corporations which he served as a director, W. T. Grant Co. and S. H. Kress & Co., Sears Roebuck & Co. and Bond Stores, Inc., and Kroger Co. and Jewel Tea Co., Inc. Alleging that the size and competitive relationship of each set of companies brought the interlocks within the reach of § 8, the complaints asked the court to order the particular interlocks terminated and to enjoin future violations of § 8 by the individual and corporate defendants. Soon after the complaints were filed, Hancock resigned from the boards of Kress, Kroger and Bond. Disclosing the resignations by affidavit, all of the defendants then moved to dismiss the actions as moot. Treated as motions for summary judgment, they were granted by the District Judge. He concluded that there is not "the
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