BASIC INCORPORATED, et al. v. MAX L. LEVINSON et al. (1988)
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| BASIC INCORPORATED, et al. v. MAX L. LEVINSON et al. |
|---|
| Term: 1987 |
| Important Dates |
| Argued: November 2, 1987 |
| Decided: March 7, 1988 |
| Outcome |
| Vacated and remanded |
| Vote |
| 4-2 |
| Majority |
| Harry Blackmun • William Brennan • Thurgood Marshall • John Paul Stevens |
| Dissenting |
| Sandra Day O'Connor • Byron White |
BASIC INCORPORATED, et al. v. MAX L. LEVINSON et al. is a case that was decided by the Supreme Court of the United States on March 7, 1988. The case was argued before the court on November 2, 1987.
In a 4-2 ruling, the U.S. Supreme Court vacated the ruling of the lower court and remanded the case for further proceedings consistent with the Court's opinion. The case originated from the Ohio Northern U.S. District Court.
For a full list of cases decided in the 1980s, click here. For a full list of cases decided by the Rehnquist Court, click here.
About the case
- Subject matter: Economic Activity - Federal or state regulation of securities
- Petitioner: Management, executive officer, or director, of business entity
- Petitioner state: Unknown
- Respondent type: Stockholder, shareholder, or bondholder
- Respondent state: Unknown
- Citation: 485 U.S. 224
- How the court took jurisdiction: Cert
- What type of decision was made: Opinion of the court (orally argued)
- Who was the chief justice: William Rehnquist
- Who wrote the majority opinion: Harry Blackmun
These data points were accessed from The Supreme Court Database, which also attempts to categorize the ideological direction of the court's ruling in each case. This case's ruling was categorized as liberal.
See also
- United States Supreme Court cases and courts
- Supreme Court of the United States
- History of the Supreme Court
- United States federal courts
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