Legal Opinion
In Re Alan Wood Steel Co.
United States Bankruptcy Court, E.D. Pennsylvania
Decided December 15, 1980No. 19-11652PublishedCited by 6 opinions
1Opinion of the Court
OPINION
EMIL F. GOLDHABER, Bankruptcy Judge:
The problem confronting us is whether a disbursing agent appointed by us in a Chapter XI case is required to file a tax return with or pay taxes to the state or federal taxing authorities on interest earned by estate funds kept in interest-bearing accounts during the tenure of that agent. We conclude that a disbursing agent is not required to do so.
The facts of the instant case are as follows: 1 On June 10, 1977, Alan Wood Steel Company (“the debtor”) filed a petition for an arrangement under Chapter XI of the Bankruptcy Act (“the Act”). 2 On that…
2Cases cited11 opinions
- In the Matter of Harry Stanley Bostwick and Steva Maxine Bostwick, Bankrupts. Harry Stanley Bostwick v. United StatesCourt of Appeals for the Eighth Circuit · 1975
- Miles v. GrahamSupreme Court of the United States · 1925
- In the Matter of John West Gwilliam, Bankrupt. John West Gwilliam v. United StatesCourt of Appeals for the Ninth Circuit · 1975
- In the Matter of Century Vault Company, Inc., Bankrupt, Harold J. Connor, Trustee in BankruptcyCourt of Appeals for the Third Circuit · 1969
- In the Matter of Jean Barclay Dolard, Bankrupt. William A. McGugin Trustee v. District Director of Internal RevenueCourt of Appeals for the Ninth Circuit · 1975
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3Cited by6 opinions
- Unsecured Creditors' Committee of Goldblatt Bros. v. United States (In Re Goldblatt Bros.)United States Bankruptcy Court, N.D. Illinois · 1989
- Dzikowski v. United States Ex Rel. Internal Revenue Service (In Re Cummings)District Court, S.D. Florida · 2007
- Smith v. United States (In Re Holywell Corp.)United States Bankruptcy Court, S.D. Florida. · 1988
- Rott v. Eggar (In Re Knight's Mill, Inc.)United States Bankruptcy Court, E.D. Michigan · 1982
- In Re Holywell Corporation, Debtor. (Two Cases) Fred Stanton Smith, as Trustee of the Miami Center Liquidating Trust v. United States of America, Holywell Corporation, Miami Center Limited Partnership, Miami Center Corporation, Chopin Associates, Theodore B. Gould, Shutts & Bowen, Intervenor, Bank of New York, Fred Stanton Smith, as Trustee of the Miami Center Liquidating Trust v. United States of America, Holywell Corporation, Miami Center Limited Partnership, Miami Center Corporation, Chopin Associates, Theodore B. Gould, Shutts & Bowen, Intervenor, Bank of New YorkCourt of Appeals for the Eleventh Circuit · 1990
1 more not listed; retrieve them via the Exa API.