Legal Opinion
O. H. Deshotels, Jr., and Fay C. Deshotels v. United States
Court of Appeals for the Fifth Circuit
Decided February 4, 1972No. 31093PublishedCited by 14 opinions
1Opinion of the Court
WISDOM, Circuit Judge:
The question this appeal presents is whether an attorney may deduct depletion allowance from funds realized in 1962 through litigation of oil and gas rights under a 1956 contract describing his interest as “a contingent fee coupled with an interest”.
O. H. Deshotels, the taxpayer, an attorney in Kaplan, Louisiana, represented Casey Pierce, the owner of mineral rights subject to a lease held by Atlantic Refining Company. Atlantic had drilled a producing well on land not owned by Pierce but within the same unit under a state unitization order. In October 1956 when Atlantic…
2Cases cited11 opinions
- Burton-Sutton Oil Co. v. CommissionerSupreme Court of the United States · 1946
- United States v. Olympic Radio & Television, Inc.Supreme Court of the United States · 1955
- Louque v. DejanSupreme Court of Louisiana · 1911
- Tennant v. RussellSupreme Court of Louisiana · 1949
- Snow-White Roofs, Inc. v. BoucherLouisiana Court of Appeal · 1966
6 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Veranda Beach Club Ltd. Partnership v. Western Surety Co.Court of Appeals for the First Circuit · 1991
- D. N. Stafford and Flora C. Stafford v. United StatesCourt of Appeals for the Fifth Circuit · 1980
- Jack H. Vestal and Mary S. Vestal v. United States of America, John T. Daniel and Thase F. Daniel v. United StatesCourt of Appeals for the Eighth Circuit · 1974
- Furman v. United StatesDistrict Court, D. South Carolina · 1984
- Peneguy v. PorteousLouisiana Court of Appeal · 2002
9 more not listed; retrieve them via the Exa API.