Securities & Exchange Commission v. Enterprise Trust Co.

How courts have described this case

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

• extending Devlin to hold that a business’s investors can appeal a receiver’s decision to distribute the business’s assets without formally intervening
• extending Devlin to hold that a business’s investors can appeal a receiver’s decision to distribute the business’s assets without formally intervening
• discussing certain cases where other circuits have allowed a nonparty appeal and concluding: “What these situations have in common is that the judicial decision concludes the rights of the affected person, who cannot litigate the issue in some other fo- rum.”
• “There are no. hard rules governing a district court’s decisions in matters- like these. The standard is whether a distribution is equitable and fair in the eyes of a reasonable judge.”
• “There are no hard rules governing a district court’s decisions in matters like these. The standard is whether a distribution is equitable and fair in the eyes of a reasonable judge.”
• “District judges possess discretion to classify claims sensibly in receivership proceedings.”

Source: CourtListener parenthetical corpus (CC0).