Rheem Manufacturing Company, a Corporation v. R. S. Rheem, Ann J. Mathes, Intervenor

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that an insider claiming he was exempt from liability under § 16(b) had the burden of bringing himself within the exemption
• finding that Section 16(b) “prior debt” exemption applied where a defendant acquired shares “in connection with his interest as a participant in plaintiff’s employee’s Incentive Bonus Plan and Trust” and then transferred them to a bank he was indebted to
• finding that Section 16(b) “prior debt” exemption applied where a defendant acquired shares “in connection with his interest as a participant in plaintiff’s employee’s Incentive Bonus Plan and Trust” and then transferred them to a bank he was indebted to

Source: CourtListener parenthetical corpus (CC0).