Legal Opinion
Charles P. Stepnowski v. Commissioner of Internal Revenue Hercules Incorporated
Court of Appeals for the Third Circuit
Decided July 27, 2006No. 05-3665PublishedCited by 25 opinions
1Opinion of the Court
AMBRO, Circuit Judge.
Congress changed the applicable interest rate for the present-value calculation of pension plans’ lump-sum payments to retirees. Hercules Inc. later amended its pension plan to match the changed interest rate, but that amendment resulted in a lower lump-sum payment to Charles Step-nowski, who retired several months after the amendment. To determine whether Hercules’ amendment was valid, we decide whether the Commissioner of the Internal Revenue Service extended the deadline for this amendment. We hold that the Commissioner did so, and that Hercules’ amendment was timely…
2Cases cited7 opinions
- National Surety Corporation, a Corporation of the State of New York v. The Midland Bank, a Corporation of New JerseyCourt of Appeals for the Third Circuit · 1977
- Bingham, Ltd. v. United StatesCourt of Appeals for the Eleventh Circuit · 1984
- United States v. Richard "Bird" Hodge Richard Hodge, United States of America v. Akil GreigCourt of Appeals for the Third Circuit · 2003
- Sarhank Group v. Oracle CorporationCourt of Appeals for the Second Circuit · 2005
- Kahn Lucas Lancaster, Inc. v. Lark International Ltd.Court of Appeals for the Second Circuit · 1999
2 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- Viera v. Life Insurance Co. of North AmericaCourt of Appeals for the Third Circuit · 2011
- In Re Lehman Bros. Mortgage-Backed SecuritiesCourt of Appeals for the Second Circuit · 2011
- Enron Creditors Recovery Corp. v. Alfa, S.A.B. De C.V.Court of Appeals for the Second Circuit · 2011
- Sobranes Recovery Pool I, LLC v. Todd & Hughes Construction Corp.Court of Appeals for the Fifth Circuit · 2007
- Esther Yang v. Dongwon Industries Co.Court of Appeals for the Ninth Circuit · 2017
20 more not listed; retrieve them via the Exa API.