By December 7, 1935 forty-five lawsuits on behalf of more than 100 companies had been filed in 13 different U.S. District Courts across the country. On this same day, the U.S. Attorney General and the SEC's General Counsel made a motion before the U.S. Supreme Court to stay all of the above lawsuits until the Supreme Court could determine the validity of PUHCA with the case Securities and Exchange Commission v, Electric Bond and Share Company. On November 26, 1935, the SEC, pursuant to its express authority under Section 18 of the Act, brought suit in the District Court for the Southern District of New York against the Electric Bond and Share Company and fourteen other holding companies. All other lawsuits against the SEC were dismissed except for one which was decided in favor of the SEC - in the case of Public Utility Investing Corporation. v. Utilities Power and Light Corporation. (82 F. 2d. 21, C. C. A., 4th, 1936) where the court found the act of registering did not do any irreparable damage to the company.