ILLINOIS IOWA POWER CO. v. NORTH AMERICAN LIGHT & POW. CO.

No. 289.

49 F.Supp. 277 (1943)

ILLINOIS IOWA POWER CO. v. NORTH AMERICAN LIGHT & POWER CO.

District Court, D. Delaware.

March 17, 1943.


Attorney(s) appearing for the Case

Hugh M. Morris (of Morris, Steel, Nichols & Arsht), of Wilmington, Del., and Millard B. Kennedy (of Mayer, Meyer, Austrian & Platt) of Chicago, Ill., for plaintiff.

C. S. Layton (of Richards, Layton & Finger), of Wilmington, Del., and Clayton E. Kline, of Topeka, Kan., for defendant.

John F. Davis, Roger S. Foster and David K. Kadane, all of Philadelphia, Pa., for intervener Securities and Exchange Commission.

Lawrence R. Condon, of New York City amicus curiae and for certain preferred stockholders of defendant.


LEAHY, District Judge.

Illinois Iowa Power Company ("Illinois-Iowa" herein) has filed its complaint, seeking an accounting and a monetary decree from its grandparent, North American Light & Power Company ("Light & Power" herein).1 Defendant has appeared and questioned the sufficiency of the complaint by appropriate pleadings. In the interim, Securities and Exchange Commission seeks intervention and moves for stay of this cause...

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