Legal Opinion
Herskovits v. Commissioner
Court of Appeals for the Second Circuit
Decided March 18, 1940No. Nos. 127, 128PublishedCited by 11 opinions
1Opinion of the Court
CHASE, Circuit Judge.-
These two petitions to review deficiency determinations of income taxes are based on the same facts and were heard together.
The petitioners are brothers who in 1930 were in business, as they had been for some time, in the City of New York as importers and exporters of raw furs. In the year stated each of them loaned to Max M. Frank of Berlin, Germany, an old friend and customer of theirs for many years, the sum of $7,000. Frank was then a wealthy man but soon suffered financial reverses and was adjudicated a bankrupt under German law in 1931. There is nothing to show…
2Cases cited6 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Burnet v. HoustonSupreme Court of the United States · 1931
- Avery v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1927
- Blair v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1937
- Sherman & Bryan, Inc. v. BlairCourt of Appeals for the Second Circuit · 1929
1 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Minneapolis, St. Paul & Sault Ste. Marie Railroad v. United StatesUnited States Court of Claims · 1964
- Reading Co. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1942
- Mayer Tank Mfg. Co. v. CommissionerCourt of Appeals for the Second Circuit · 1942
- Reed v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1942
- AR Jones Oil & O. Co. v. Commissioner of Internal Rev.Court of Appeals for the Tenth Circuit · 1940
6 more not listed; retrieve them via the Exa API.