Section 2

Citation: Section 2
Parent Document: United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
Jurisdiction: United States (federal)
Effective Date: 1975-10-06
Original Source: https://www.courtlistener.com/opinion/109272/united-housing-foundation-inc-v-forman/ ↗

Other Sections in This Document (195)

United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
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[14] With the exception of the Second Circuit, every Court of Appeals recently to consider the issue has rejected the literal approach urged by respondents. See C. N. S. Enterprises, Inc. v. G. & G. Enterprises, Inc., 508 F. 2d 1354 (CA7 1975); McClure v. First National Bank of Lubbock, 497 F. 2d 490 (CA5 1974), cert. denied, 420 U. S. 930 (1975); Lino v. City Investing Co., 487 F. 2d 689 (CA3 1973). See also 1 L. Loss, Securities Regulation 493 (2d ed. 1961) ("substance governs rather than form: . . . just as some things which look like real estate are securities, some things which look like securities are real estate").