SmartBrief
0
Confirm favorite deletion?
Constitutional Law Keyed to Choper
CTS Corp. v. Dynamics Corp. of America
Citation:
95 L. Ed. 2d 67 (1987)Facts
In March 1986, Dynamics Corporation of America owned 9.6% of CTS Corporation’s common stock. Dynamics announced a tender offer for another million shares, which would have increased its ownership to 27.5%. CTS, an Indiana corporation, elected to be governed by Indiana’s newly enacted Control Share Acquisitions Chapter. This law provided that an entity acquiring “control shares” (shares that would bring voting power to or above thresholds of 20%, 33⅓%, or 50%) would not automatically receive voting rights. Instead, voting rights would be determined by a majority vote of all disinterested shareholders. Dynamics challenged the constitutionality of the Indiana Act, arguing that it was preempted by the Williams Act and violated the Commerce Clause. The District Court and Court of Appeals agreed with Dynamics, but the Supreme Court granted review to determine whether state regulation of corporate governance could coexist with federal securities regulation and interstate commerce requirements.
Only StudyBuddy Pro offers the complete Case Brief Anatomy*
Access the most important case brief elements for optimal case understanding.
*Case Brief Anatomy includes: Brief Prologue, Complete Case Brief, Brief Epilogue
- The Brief Prologue provides necessary case brief introductory information and includes:
Topic:
Identifies the topic of law and where this case fits within your course outline.Parties:
Identifies the cast of characters involved in the case.Procedural Posture & History:
Shares the case history with how lower courts have ruled on the matter.Case Key Terms, Acts, Doctrines, etc.:
A case specific Legal Term Dictionary.Case Doctrines, Acts, Statutes, Amendments and Treatises:
Identifies and Defines Legal Authority used in this case.
- The Case Brief is the complete case summarized and authored in the traditional Law School I.R.A.C. format. The Pro case brief includes:
Brief Facts:
A Synopsis of the Facts of the case.Rule of Law:
Identifies the Legal Principle the Court used in deciding the case.Facts:
What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case.Issue(s):
Lists the Questions of Law that are raised by the Facts of the case.Holding:
Shares the Court's answer to the legal questions raised in the issue.Concurring / Dissenting Opinions:
Includes valuable concurring or dissenting opinions and their key points.Reasoning and Analysis:
Identifies the chain of argument(s) which led the judges to rule as they did.
- The Brief Prologue closes the case brief with important forward-looking discussion and includes:
Policy:
Identifies the Policy if any that has been established by the case.Court Direction:
Shares where the Court went from here for this case.