Legal Opinion
R. Neal Bright, Etc. v. United States
Court of Appeals for the Fifth Circuit
Decided February 27, 1991No. 90-1453PublishedCited by 5 opinions
1Per curiam
Plaintiff-Appellant R. Neal Bright, the executor of the estate of Elizabeth R. Cornell, appeals the district court’s grant of summary judgment and entry of judgment in favor of Defendant-Appellee, the United States. 1 The district court held that for income tax purposes the check that Cornell’s employee received on December 27, 1985, constituted the receipt of cash or a cash equivalent by Bright on that date. We affirm.
OPERABLE FACTS
In 1970 Ms. Cornell entered into a trust agreement whereby the Elizabeth R. Cornell Trust was created for her benefit. The trust is a “grantor trust” for federal…
2Cases cited9 opinions
- Maryland Casualty Co. v. United StatesSupreme Court of the United States · 1920
- Kahler v. Comm'rUnited States Tax Court · 1952
- Cowden v. CommissionerCourt of Appeals for the Fifth Circuit · 1961
- Lavery v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1946
- H. N. Watson, Jr., and Wife, Shirley Watson v. Commissioner of Internal Revenue ServiceCourt of Appeals for the Fifth Circuit · 1980
4 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Horace R. Walter Donna L. Walter v. United StatesCourt of Appeals for the Eighth Circuit · 1998
- Fromson v. United StatesUnited States Court of Federal Claims · 1994
- Rosser v. Comm'rUnited States Tax Court · 2010
- Horace R. Walter v. United StatesCourt of Appeals for the Eighth Circuit · 1998
- Morgan v. Comm'rUnited States Tax Court · 2010