Biehl v. Comm'r
United States Tax Court
Ps are H and W. H, a shareholder and former employee of D Corp., filed suit with W, also a shareholder of D, against D and its other shareholders for wrongful termination of H's employment and for dissolution of D. Following a jury verdict of $ 2.1 million in favor of H on his wrongful termination claim, Ps and D negotiated a global settlement under which D in 1996 paid a total of $ 1.2 million to settle H's wrongful termination claim, $ 799,000 to H and $ 401,000 to Ps'…
Read the full summary
Ps are H and W. H, a shareholder and former employee of D Corp., filed suit with W, also a shareholder of D, against D and its other shareholders for wrongful termination of H's employment and for dissolution of D. Following a jury verdict of $ 2.1 million in favor of H on his wrongful termination claim, Ps and D negotiated a global settlement under which D in 1996 paid a total of $ 1.2 million to settle H's wrongful termination claim, $ 799,000 to H and $ 401,000 to Ps' attorney; D settled Ps' dissolution claims by agreeing to buy back Ps' shares in D in an installment sale with payments…
1Opinion of the Court
FRANK AND BARBARA BIEHL, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Biehl v. Comm'r
No. 422-00
United States Tax Court
118 T.C. 467; 2002 U.S. Tax Ct. LEXIS 29; 118 T.C. No. 29;
May 30, 2002, Filed
Decision will be entered for respondent.
Ps are H and W. H, a shareholder and former employee of D
Corp., filed suit with W, also a shareholder of D, against D and
its other shareholders for wrongful termination of H's
employment and for dissolution of D. Following a jury verdict of
$ 2.1 million in favor of H on his wrongful termination claim, Ps
and D negotiated a global settlement under…
2Cases cited30 opinions
- Fort Halifax Packing Co. v. CoyneSupreme Court of the United States · 1987
- Nationwide Mutual Insurance v. DardenSupreme Court of the United States · 1992
- United States v. GilmoreSupreme Court of the United States · 1963
- Snow v. CommissionerSupreme Court of the United States · 1974
- Ethel West Cotnam v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1959
25 more not listed; retrieve them via the Exa API.