(Download) "Fleet Aerospace Corp. V. Holderman" by United States Court Of Appeals For The Sixth Circuit ~ eBook PDF Kindle ePub Free

July 23, 2021

eBook details

Title: Fleet Aerospace Corp. V. Holderman
Author : United States Court Of Appeals For The Sixth Circuit
Release Date : January 06, 1988
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 65 KB

Description

The factual and procedural basis of this dispute concerning a cash tender offer by Fleet Aerospace Corporation ("Fleet"), a Canadian corporation, to acquire stock of Aeronca, Inc., an Ohio corporation, has been set out in our prior decision in this case reported at 796 F.2d 135 (6th Cir. 1986).*fn1 We do not set out all the underlying circumstances except as may be relevant to our decision upon the remand to this court for reconsideration of the issues under the Ohio Control Share Acquisition Act, O.R.C. § 1701.83.1 ("the Ohio Act"), in light of CTS Corp. v. Dynamics Corp. of America, 481 U.S. 69, 107 S. Ct. 1637, 95 L. Ed. 2d 67 (1987). In our prior opinion we agreed with the district court in this case that the Ohio Act was unconstitutional in certain particulars, and we affirmed the decision that enjoined its enforcement with respect to a takeover effort by Fleet, the Canadian plaintiff, of Aeronca, the Ohio corporation. Fleet had brought this action initially seeking an injunction against enforcement of Ohio Rev. Code §§ 1701.83.1 and 1707.04.1 (the Ohio Take-Over Act).*fn2