Metlyn Realty Corp. v. Esmark, Inc.

U.S. Court of Appeals, Seventh Circuit · Decided 1985-05-16

Cited by 136 later decision(s) in our corpus · see the citation network in Lexace

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EASTERBROOK, Circuit Judge. Judicial approval of a settlement involving the valuation of securities is a discretionary act, and an application to revisit that approval asks a court a question about its own discretionary processes. If the judge who approved the settlement concludes that misstatements in the hearings leading to the approval did not affect his earlier decision, that brings the litigation to an end. We affirm th…

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