Legal Opinion
Kemppel v. Zaino
Ohio Supreme Court
Decided May 23, 2001No. 00-358PublishedCited by 14 opinions
1Opinion of the CourtAlice Robie Resnick, J.
In 1989 the assets of the Logan Machine Co. (“Logan”), an Ohio subchapter S corporation located in Akron, were liquidated and the corporation dissolved. The net proceeds from the sale of the assets were distributed to the shareholders, including appellants, Russell and Carrie Kemp*421pel,1 who were residents of and domiciled in Florida at the time of the sale. As shareholders of Logan, each of the Kemppels received his or her pro rata share of the net proceeds of the sale, including gain from the sale of intangible personal property, which was attributed to goodwill.
To calculate the amount of…
2Cases cited8 opinions
- Union Carbide Corp. v. HuddlestonTennessee Supreme Court · 1993
- Polaroid Corp. v. OffermanSupreme Court of North Carolina · 1998
- Ex Parte Uniroyal Tire Co.Supreme Court of Alabama · 2000
- Western Natural Gas Co. v. McDonaldSupreme Court of Kansas · 1968
- Laurel Pipe Line Co. v. CommonwealthSupreme Court of Pennsylvania · 1994
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3Cited by14 opinions
- Lenox, Inc. v. TolsonSupreme Court of North Carolina · 2001
- Blessing/White, Inc. v. ZehnderAppellate Court of Illinois · 2002
- American States Insurance v. HamerAppellate Court of Illinois · 2004
- McKesson Water Products Co. v. Director, Division of TaxationNew Jersey Tax Court · 2007
- Jim Beam Brands Co. v. Franchise Tax BoardCalifornia Court of Appeal · 2005
9 more not listed; retrieve them via the Exa API.