First Options of Chicago, Inc. v. Manuel Kaplan, et Ux. and Mk Investments, Inc.

Decided May 22, 1995. Stephen Gerald Breyer delivered the opinion of the Court.

Docket 94-560 · 514 U.S. 938 (1995) · Cited 4,743 times

We don’t yet publish a summary of this opinion — read the official text below for the Court’s holding and reasoning.

How the Justices voted

Decided 9–0.

“Concurring” means agreeing with the outcome; any split shown is the Court’s judgment, not each Justice’s reasoning. Source: the Supreme Court Database (Spaeth et al.), Washington University.

Precedents cited

Supreme Court decisions this opinion relies on, ordered by how often it cites each. Cases in our collection link through; others are named.

• Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc. · 473 U.S. 614 (1985)
• United Steelworkers v. Warrior & Gulf Navigation Co. · 363 U.S. 574 (1960)
• At&T Technologies, Inc. v. Communications Workers · 475 U.S. 643 (1986)
• Volt Info. Sciences, Inc. v. Bd. of Trustees of Leland Stanford Jr. U. · 489 U.S. 468 (1989)
• Dean Witter Reynolds Inc. v. Byrd · 470 U.S. 213 (1985)
• Allied-Bruce Terminix Cos., Inc. v. Dobson · 513 U.S. 265 (1995)
• Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc. · 467 U.S. 837 (1984)
• Moses H. Cone Memorial Hospital v. Mercury Construction Corp. · 460 U.S. 1 (1983)
• Salve Regina College v. Russell · 499 U.S. 225 (1991)
• Rodriguez De Quijas v. Shearson/American Express, Inc. · 490 U.S. 477 (1989)
• Wilko v. Swan · 346 U.S. 427 (1953)
• Perry v. Thomas · 482 U.S. 483 (1987)

Cited by

Later Supreme Court opinions in our collection that cite this case.

• BG Group, PLC v. Republic of Argentina · 572 U.S. 25 (2014)
• Henry Schein, Inc. v. Archer & White Sales, Inc. · 586 U.S. 63 (2019)
• Lamps Plus, Inc. v. Varela · 587 U.S. 176 (2019)
• Coinbase v. Suski · 602 U.S. 143 (2024)
• Howsam v. Dean Witter Reynolds, Inc. · 537 U.S. 79 (2002)
• Green Tree Financial Corp. v. Bazzle · 539 U.S. 444 (2003)
• Hall Street Associates, L. L. C. v. Mattel, Inc. · 552 U.S. 576 (2008)
• Stolt-Nielsen S. A. v. AnimalFeeds International Corp. · 559 U.S. 662 (2010)
• Arthur Andersen LLP v. Carlisle · 556 U.S. 624 (2009)
• Oxford Health Plans LLC v. Sutter · 569 U.S. 564 (2013)
• Ornelas v. United States · 517 U.S. 690 (1996)
• Wilton v. Seven Falls Co. · 515 U.S. 277 (1995)
• Green Tree Financial Corp.-Alabama v. Randolph · 531 U.S. 79 (2000)
• Viking River Cruises, Inc. v. Moriana · 596 U.S. 639 (2022)
• Air Line Pilots Ass'n v. Miller · 523 U.S. 866 (1998)

Official text

Read the official opinion (U.S. Reports, govinfo.gov)

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Stephen Gerald Breyer’s profile · All Supreme Court opinions · The Supreme Court

Source: the U.S. Reports via govinfo.gov; authoring Justice and vote lineup from the Supreme Court Database (Washington University). Citation count from the Free Law Project’s CourtListener bulk data. Data last verified 2026-07-03. Informational only; verify against the primary source before relying. Not a consumer report (FCRA).