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CITICORP INDUSTRIAL CREDIT, INC. v. BROCK

No. 86-88.

483 U.S. 27 (1987)

107 S.Ct. 2694

97 L.Ed.2d 23

CITICORP INDUSTRIAL CREDIT, INC. v. BROCK, SECRETARY OF LABOR

Supreme Court of United States.

Decided June 22, 1987

Attorney(s) appearing for the Case

Rex E. Lee argued the cause for petitioner. With him on the briefs were George W. Jones, Jr., and A. Bruce Schimberg.

Charles A. Rothfeld argued the cause for respondent. With him on the brief were Solicitor General Fried, Deputy Solicitor General Cohen, George R. Salem, Allen H. Feldman, and Steven J. Mandel.*

George Kaufmann and Laurence Gold filed a brief for the American Federation of Labor and Congress of Industrial Organizations as amicus curiae urging affirmance.

JUSTICE MARSHALL delivered the opinion of the Court.

Section 15(a)(1) of the Fair Labor Standards Act of 1938, 52 Stat. 1068, prohibits "any person" from introducing into interstate commerce goods produced in violation of the minimum wage or overtime provisions of the Act. The question in this case is whether § 15(a)(1) applies to holders of collateral obtained pursuant to a security agreement.

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