Owens v. Aetna Life & Casualty Co.

Owens v. Aetna Life & Cas. Co., 454 U.S. 1092 (1981)

Court: Supreme Court of the United States
Decided: November 30, 1981
Docket: No. 81-623
Judges: Consideration, Took
Citations: 454 U.S. 1092102 S. Ct. 65770 L. Ed. 2d 63150 U.S.L.W. 34481981 U.S. LEXIS 4775

Cited by 205 16 descriptions by later courts

Opinion of the Court

Text extracted by OCR from a scanned original; check the original for exact wording.

C. A. 3d Cir. Certiorari denied.

Justice O’Connor took no part in the consideration or decision of this petition.

How later courts describe this case

Explanatory parentheticals written by citing courts — 16 in all; the most informative distinct ones are shown.

(setting forth criteria for attributing evidentiary weight to an internal report)

Jaroslawicz v. Engelhard Corp., 704 F. Supp. 1296 (D.N.J. 1989)
(affirming trial court’s exclusion of plaintiffs’ proffered expert testimony on the ordinary standards against which the actions of boards of directors and investment bankers would be measured because such evidence would impinge on the function of the trial court)

United States v. Buchanan, 964 F. Supp. 533 (D. Mass. 1997)
(policy of resisting all acquisition offers does not violate federal securities law absent deceptive conduct)

Bershad v. Curtiss-Wright Corp., 535 A.2d 840 (Del. 1987)
(plaintiff may not bootstrap a fiduciary duty case into securities fraud by alleging failure to disclose the breach of duty)

Harris Trust & Sav. Bank v. Ellis, 810 F.2d 700 (7th Cir. 1987)
(so long as state law regulates activities of defendants, they are exempt from antitrust laws by virtue of McCarran-Ferguson)

Wexco Inc. v. IMC, Inc., 820 F. Supp. 194 (M.D. Penn. 1993)
(Normal duties of a director and payment of normal director’s fees insufficient to show interest or lack of independence)

Tabas v. Mullane, 608 F. Supp. 759 (D.N.J. 1985)
(shareholders cannot “bootstrap” a fiduciary duty claim onto a federal securities section 10(b) violation alleging non-disclosure of culpability)

Walter v. Holiday Inns, Inc., 784 F. Supp. 1159 (D.N.J. 1992)
(plaintiff cannot bootstrap a fiduciary duty claim into a federal securities action by alleging nondisclosure of the culpability of defendants’ acts or motives)

Field v. Trump, 661 F. Supp. 529 (S.D.N.Y. 1987)

Cited by 205 cases

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Relies on it most ⓘ

Craftmatic Securities Litigation v. Kraftsow890 F.2d 628 (3d Cir. 1989)
In re Craftmatic Securities Litigation890 F.2d 628 (3d Cir. 1990)
Swanson v. Wabash, Inc.577 F. Supp. 1308 (N.D. Ill. 1983)
David Arazie, Paul Karinsky, William Klein v. Robert E. Mullane, Paul J. Johnson, William E. Chandler2 F.3d 1456 (7th Cir. 1993)
Fed. Sec. L. Rep. P 98,867 Darrell B. Searls, on Behalf of Himself and All Others Similarly Situated v. James J. Glasser64 F.3d 1061 (7th Cir. 1995)
Ksm Fastening Systems, Inc. v. H.A. Jones Company, Inc. And Erico Jones Company776 F.2d 1522 (Fed. Cir. 1985)

Most recent

Dorsett v. County of Nassau283 F.R.D. 85 (E.D.N.Y. 2012)
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Strickland v. State46 S.W.3d 554 (Ark. Ct. App. 2001)
Haney v. Delta Petroleum Co., Inc.748 So. 2d 36 (La. Ct. App. 1999)
P. Schoenfeld Asset Management LLC v. Cendant Corp.47 F. Supp. 2d 546 (D.N.J. 1999)

Citing references are not a citator: they show that a later opinion cites this case, not whether it followed, distinguished, or overruled it. Check negative history before relying on this case.

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