Legal Opinion
Union Bank of Switzerland v. HS Equities, Inc.
District Court, S.D. New York
Decided June 13, 1978No. 76 Civil 4378PublishedCited by 11 opinions
1Opinion of the Court
OPINION, FINDINGS OF FACT AND CONCLUSIONS OF LAW
EDWARD WEINFELD, District Judge.
This action is brought by Union Bank of Switzerland (“UBS” or “Bank”), a Swiss bank, to recover from the defendant, HS Equities, Inc., successor to Hayden, Stone Incorporated (“Hayden Stone” or “defendant”), 1 who acted as a broker for UBS in the sale and purchase of securities in this country, the sum of $104,435.99 which defendant paid to the Internal Revenue Service (“IRS”) as interest equalization tax (“IET”). 2 The tax liability arose as a result of transactions executed for UBS upon its order, which in fact…
2Cases cited19 opinions
- Bertha Hecht, and v. Harris, Upham & Co., a Partnership, Harris, Upham & Co., Inc., a Corporation, AndCourt of Appeals for the Ninth Circuit · 1970
- Hecht v. Harris, Upham & Co.District Court, N.D. California · 1968
- McMann v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 1937
- Clara Goldenberg, Formerly Clara Littman v. Bache and Company, Bache and Company v. Clara Goldenberg, Formerly Clara LittmanCourt of Appeals for the Fifth Circuit · 1959
- Nancy H. OCRANT, Appellant, v. DEAN WITTER & COMPANY, INC., AppelleeCourt of Appeals for the Tenth Circuit · 1974
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3Cited by11 opinions
- Kobbeman v. OlesonSouth Dakota Supreme Court · 1998
- United States v. Hitachi America, Ltd.United States Court of International Trade · 1997
- Oscar Mayer Corp. v. Mincing Trading Corp.District Court, D. New Jersey · 1990
- Securities & Exchange Commission v. DiBellaDistrict Court, D. Connecticut · 2006
- Bamdad Mechanic Co. v. United Technologies Corp.District Court, D. Delaware · 1984
6 more not listed; retrieve them via the Exa API.