Zerman v. Jacobs
Decision Date | 11 September 1981 |
Citation | 672 F.2d 901 |
Parties | Zerman v. Jacobs 81-7267 |
Court | U.S. Court of Appeals — Second Circuit |
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Kidder Peabody & Co., Inc. v. Unigestion Intern.
... ... Kidder invokes the wisdom of Judge Weinfeld, who held that "only unlawful contracts may be rescinded, not unlawful transactions, " Zerman v. Jacobs, 510 F.Supp. 132, 135 (S.D.N.Y.), aff'd, 672 F.2d 901 (2d Cir.1981) (emphasis in original) but ignores Unigestion's bluntly stated claim ... ...
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Rhoades v. Powell
... ... Id. at 682. See also Zerman v. Jacobs, 510 F.Supp. 132, 135 (S.D.N.Y.), aff'd, 672 F.2d 901 (2d Cir.1981); Palmer v. Thomson & McKinnon Auchincloss, Inc., 474 F.Supp. 286, ... ...
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Krome v. Merrill Lynch & Co., Inc.
... ... Supp. 918 An additional consideration is the "`nature of the particular rule and its place in the regulatory scheme.'" Zerman v. Jacobs, 510 F.Supp. 132, 135 (S.D.N.Y.) (quoting Colonial Realty Corp. v. Bache & Co., 358 F.2d 178, 182 (2d Cir.), cert. denied, 385 U.S ... ...
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Pompano-Windy City Partners v. Bear Stearns & Co.
... ... Jacobs, 961 F.2d 359, 363 (2d Cir.1992) (quoting Fed.R.Evid. 704 advisory committee's note). Thus, the Second Circuit "is in accord with other circuits in ... § 29(b) of the Exchange Act, only unlawful contracts may be rescinded, not unlawful transactions made pursuant to lawful contracts." Zerman v. Jacobs, 510 F.Supp. 132, 135 (S.D.N.Y.) (Weinfeld, J.), aff'd, 672 F.2d 901 (1981). Further, rescission of a contract pursuant to Section 29(b) ... ...
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