Word: court
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Dates: during 1940-1949
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...Miami's cops were not so ready to turn in their badges. Last week, after the News had refused to retract its charges, 55 of the city's 63 detectives filed a $1,000,000 suit for libel. That was just what the News wanted. In court, it would have the chance to prove Reporter Petit's story-and get some action at last...
Last week, to SEC's chagrin, the appeals court upheld the District Court ruling. SEC could still go to the Supreme Court, but with two love sets already, it looked as if it was Eaton's match...
...Eaton had instigated a suit against Kaiser-Frazer Corp. and then used the suit to get out of underwriting a stock issue for K-F when it seemed that Otis might lose millions on the deal. Eaton neatly handled that hot serve. He sued SEC in the U.S. District Court. It ruled that there was insufficient evidence against Otis. SEC took the case to the U.S. Court of Appeals...
Wyoming's slender, shaggy-browed Joseph C. O'Mahoney stood up on the Senate floor last week and exclaimed: "It is clear to me that someone has to straighten it out . . . [with] plain language." The "it" was the confusion over prices caused by the U.S. Supreme Court's outlawing of the cement industry's basing point system (TIME...
...that Joe O'Mahoney, an old trustbuster and friend of the Federal Trade Commission, wanted to permit freight absorption, a mainstay of the basing point system. But O'Mahoney said that the bill would only put into law what FTC has been saying ever since the Supreme Court decision, namely, that any manufacturer could absorb freight charges to meet a competitor's prices at distant points so long as there was no conspiracy to fix prices. What FTC had objected to was collusive freight absorption. Much of the confusion, he thought, had been caused not so much...