Securities & Exchange Commission v. Geotek Resources Fund, Inc., Hellenic Oil Company, Inc., Claimant-Appellant, Oceanic Exploration Company

U.S. Court of Appeals for the Ninth Circuit
Securities & Exchange Commission v. Geotek Resources Fund, Inc., Hellenic Oil Company, Inc., Claimant-Appellant, Oceanic Exploration Company, 518 F.2d 1198 (9th Cir. 1975)

Securities & Exchange Commission v. Geotek Resources Fund, Inc., Hellenic Oil Company, Inc., Claimant-Appellant, Oceanic Exploration Company

Opinion

ORDER

Before BARNES, TRASK and SNEED, Circuit Judges.

The above numbered appeal, heard this day in oral argument, is ordered submitted.

In this appeal from the district court’s order approving the sale of an interest owned by Fundamental Oil Corporation of California to Oceanic Exploration Company, that order of the district court is affirmed.

The district court’s denial of Hellenic Oil Company’s motion to set aside the sale to Oceanic is affirmed. We have found no abuse of the district court’s discretion.

The panel may file an opinion at a later date.

The clerk is ordered to remand this matter forthwith, to the district court.

The clerk is further ordered to return the letter, dated and received by him on July 9, 1975, from the law firm of Sullivan, Roche & Johnson, to that firm forthwith.

Reference

Full Case Name
SECURITIES & EXCHANGE COMMISSION, Plaintiff, v. GEOTEK RESOURCES FUND, INC., Defendants, Hellenic Oil Company, Inc., Claimant-Appellant, Oceanic Exploration Company, Appellee
Status
Published