Legal Opinion
United States v. Patridge
Court of Appeals for the Seventh Circuit
Decided November 14, 2007No. 06-3635, 06-3785PublishedCited by 31 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
Denny Patridge, who owned an insurance agency, decided to make life hard for the revenooers by transferring his income to an offshore trust and then pretending that he had no income. The first trust in line, located in Antigua, transferred everything to a second trust, in Belize. The second trust transferred the money to a third trust (also in Belize), which “loaned” it back to Patridge, who conveniently never paid interest or repaid any of the “debt.” When applying for credit, Pa-tridge treated the proceeds from Trust # 3 as income and claimed to have no debts. Trust…
2Cases cited9 opinions
- Cheek v. United StatesSupreme Court of the United States · 1991
- Branch v. SmithSupreme Court of the United States · 2003
- J. E. M. Ag Supply, Inc. v. Pioneer Hi-Bred International, Inc.Supreme Court of the United States · 2001
- United States v. Robert WhiteCourt of Appeals for the Seventh Circuit · 2006
- In the Matter of Luis M. GALVAN, Christopher Lowe, John F. Leuck, and Barry D. Sheppard, RespondentsCourt of Appeals for the Seventh Circuit · 1996
4 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- Antoinette Wonsey v. City of ChicagoCourt of Appeals for the Seventh Circuit · 2019
- Kunz v. DeFeliceCourt of Appeals for the Seventh Circuit · 2008
- Lewis v. CommissionerCourt of Appeals for the Tenth Circuit · 2008
- United States v. Michael ValloneCourt of Appeals for the Seventh Circuit · 2012
- United States v. AllenCourt of Appeals for the First Circuit · 2012
26 more not listed; retrieve them via the Exa API.