Legal Opinion
Elton Brimberry and Estate of Norma Louise Brimberry, Deceased, Elton Brimberry, Independent v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided February 1, 1979No. 77-1105PublishedCited by 17 opinions
1Opinion of the Court
GEE, Circuit Judge:
Elton Brimberry, individually and as independent executor for the estate of his deceased wife, Norma Louise Brimberry, 1 appeals an order of the Tax Court finding deficiencies in the income taxes due under the couple’s joint tax returns for the years 1967 and 1968. The deficiencies resulted from the Commissioner’s disallowance of claimed partially worthless debt deductions totalling $169,750 for the two years in question.
On June 24, 1967, Mr. Brimberry loaned $175,000 to Mid-City Baptist Church in New Orleans, hoping to acquire a construction contract from the church. Mr.…
2Cases cited9 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Fidelity Assurance Assn. v. SimsSupreme Court of the United States · 1943
- Bar L Ranch, Inc., and in Intervention-Appellant v. Robert L. Phinney, United States of America, in Intervention-AppelleeCourt of Appeals for the Fifth Circuit · 1970
- Stranahan v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1930
- Olympia Harbor Lumber Co. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1935
4 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Estate of Guy L. Mann, Deceased. Suzanne Mann Duval, Administratrix v. United StatesCourt of Appeals for the Fifth Circuit · 1984
- Arkansas Best Corp. v. CommissionerUnited States Tax Court · 1984
- Record Wide Distributors, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1982
- William M. Reese and Catholeen Reese v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1980
- Time Ins. Co. v. CommissionerUnited States Tax Court · 1986
12 more not listed; retrieve them via the Exa API.