Legal Opinion
United States v. Fletcher
Court of Appeals for the Seventh Circuit
Decided April 10, 2009No. 08-2173PublishedCited by 10 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
Ernst & Young spun off its information-technology consulting group in 2000. Cap Gemini, S.A., a French corporation, bought this business and became Cap Gemini Ernst & Young, a multinational firm. Today it is known as Capgemini, and we use that name for the firm after the 2000 acquisition.
Consulting partners of Ernst & Young received shares in Capgemini in exchange for their partnership interests in Ernst & Young. This was not a like-kind exchange, so it was a taxable event for the partners. Because Ernst & Young and its partners expected shares in the new business to…
2Cases cited12 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Frank Lyon Co. v. United StatesSupreme Court of the United States · 1978
- Landreth Timber Co. v. LandrethSupreme Court of the United States · 1985
- Commissioner v. National Alfalfa Dehydrating & Milling Co.Supreme Court of the United States · 1974
- Comdisco, Inc. v. United StatesCourt of Appeals for the Seventh Circuit · 1985
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3Cited by10 opinions
- United States v. BergbauerCourt of Appeals for the Fourth Circuit · 2010
- Estate of Harold Stuller v. United StatesCourt of Appeals for the Seventh Circuit · 2016
- Hartman v. United StatesCourt of Appeals for the Federal Circuit · 2012
- United States v. FortCourt of Appeals for the Eleventh Circuit · 2011
- Hartman v. United StatesUnited States Court of Federal Claims · 2011
5 more not listed; retrieve them via the Exa API.