Legal Opinion
Dear Publication & Radio, Inc., a New Jersey Corporation v. Commissioner of Internal Revenue
Court of Appeals for the Third Circuit
Decided February 8, 1960No. 12926_1PublishedCited by 19 opinions
1Opinion of the Court
KALODNER, Circuit Judge.
Is the sale of stock of a corporation pursuant to a state “deadlock” statute providing for its dissolution in the event of a stalemate between equally divided directors and stockholders, a “requisition” or “condemnation” within the meaning of Section 112(f) of the Internal Revenue Code of 1939, as amended? 1
The question, of first impression, is presented by this petition for review of the Decision of the Tax Court of the United States which answered it in the negative.
The facts pertinent to the issue may be summarized as follows:
At the times critical here, petitioner,…
2Cases cited16 opinions
- Midwest Motor Express, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1958
- Dear Publication & Radio, Inc. v. CommissionerUnited States Tax Court · 1959
- In Re Collins-Doan Co.Supreme Court of New Jersey · 1949
- Mitsubishi Shoji Kaisha, Ltd. v. Societe Purfina MaritimeCourt of Appeals for the Ninth Circuit · 1942
- Bijur v. Standard Distilling & Distributing Co.New Jersey Court of Chancery · 1908
11 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Wheeler v. CommissionerUnited States Tax Court · 1972
- Arthur Kurlan and Marilyn Kurlan v. Commissioner of Internal Revenue, Commissioner of Internal Revenue v. Arthur Kurlan and Marilyn KurlanCourt of Appeals for the Second Circuit · 1965
- American Natural Gas Co. v. United StatesUnited States Court of Claims · 1960
- Dorothy C. Thorpe Glass Mfg. Corp. v. CommissionerUnited States Tax Court · 1968
- Hitke v. CommissionerCourt of Appeals for the Seventh Circuit · 1961
14 more not listed; retrieve them via the Exa API.