Green v. Santa Fe Industries, Inc.

CourtU.S. Court of Appeals — Second Circuit
Writing for the CourtKAUFMAN, Chief Judge, and GURFEIN; PER CURIAM
CitationGreen v. Santa Fe Industries, Inc., 533 F.2d 1309 (2nd Cir. 1976)
Decision Date10 March 1976
Docket NumberNos. 75-7256 and 75-7404,s. 75-7256 and 75-7404
PartiesFed. Sec. L. Rep. P 95,472 S. William GREEN et al., Plaintiffs-Appellants, v. SANTA FE INDUSTRIES, INC., et al., Defendants-Appellees. Arnold MARSHEL, Plaintiff-Appellant, v. AFW FABRIC CORPORATION et al., Defendants-Appellees. Barry L. SWIFT, Plaintiff-Appellant, v. CONCORD FABRICS, INCORPORATED, et al., Defendants-Appellees.

KAUFMAN, Chief Judge, and GURFEIN, Circuit Judge did not participate in the poll.

PER CURIAM.

This Court has denied en banc, 2 Cir., 523 F.2d 1277, not because we believe these cases are insignificant, but because they are of such extraordinary importance that we are confident the Supreme Court will accept these matters under its certiorari jurisdiction, as we correctly anticipated in Eisen v. Carlisle & Jacquelin, 479 F.2d 1005, 1020 (2d Cir. 1973), vacated, 417 U.S. 156, 94 S.Ct. 2140, 40 L.Ed.2d 732 (1974).

Even under the best of circumstances, an en banc proceeding is often an unwieldly and cumbersome device generating little more than delay, costs, and continued uncertainty that can ill be afforded at a time of burgeoning calendars. A case in which Supreme Court resolution is inevitable should not be permitted to tarry in this Court for further intermediate action, at best, except when the views of this Court would be of real benefit to the Supreme Court. And, en banc is particularly inappropriate and unsatisfactory in the cases before us, since two of our active judges are...

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8 cases
  • Bertozzi v. King Louie Intern., Inc., Civ. A. No. 76-0158.
    • United States
    • U.S. District Court — District of Rhode Island
    • September 13, 1976
    ...Commission (SEC), 17 C.F.R. § 240.10b-5, promulgated thereunder, and § 14(e) of the Act, 15 U.S.C. § 78n(e). See Green v. Santa Fe Industries, Inc., 533 F.2d 1309 (2d Cir. 1976); Marshel v. AFW Fabric Corp., 533 F.2d 1277 (2d Cir. 1976). In its ruling on plaintiffs' motion for a temporary r......
  • United States v. Taylor
    • United States
    • U.S. Court of Appeals — Second Circuit
    • May 23, 2014
    ...Do the Costs of the En Banc Proceeding Outweigh Its Advantages?, 69 Judicature 7, 8 (1985); see also Green v. Santa Fe Indus., Inc., 533 F.2d 1309, 1310 (2d Cir.1976) (per curiam) (denying en banc review “not because we believe these cases are insignificant, but because they are of such ext......
  • Singer v. Magnavox Co.
    • United States
    • Court of Chancery of Delaware
    • October 26, 1976
    ...10b--5 of the rules of the Securities and Exchange Commission. Green v. Santa Fe Industries, Inc., 2nd Cir., 533 F.2d 1283, reh. den., 533 F.2d 1309 (1976); Marshel v. AFW Corp., 2nd Cir., 533 F.2d 1277 (1976); Box v. Northrop, S.D.N.Y., 423 F.Supp. 4 (1976); Albright v. Bergendahl, D.Utah,......
  • Petersen v. Federated Development Co.
    • United States
    • U.S. District Court — Southern District of New York
    • June 15, 1976
    ...violation of Section 10(b) and Rule 10(b)(5), plaintiff further contends that the Second Circuit's recent opinions in Green v. Sante Fe Ind., Inc., 533 F.2d 1309 Current CCH Fed.Sec. L.Rep. ¶ 95,447 (2d Cir. 1976) and Marshel v. AFW Fabric Corp., 533 F.2d 1277 Current CCH Fed.Sec.L.Rep. ¶ 9......
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