Legal Opinion
United States v. Klausner
Court of Appeals for the Second Circuit
Decided April 9, 1928No. 217PublishedCited by 14 opinions
1Opinion of the CourtSwan, Circuit Judge
(after stating the facts as above). The chief question is whether or not the defendants received money which was really the property of the corporation and, in effect, distributed to them as a liquidating dividend. This requires a somewhat detailed statement of the facts.
In May, 1919, one Nufer desired to purchase the plant of the Crystal Knitting Mills, Inc. A formal contract dated May 16th was entered into between the corporation, Klausner and Fain, its sole stockholders, and Nu-fer, the purchaser. The corporation agreed to sell its plant, machinery, and fixtures, including the lease of the…
2Cases cited9 opinions
- Eisner v. MacOmberSupreme Court of the United States · 1920
- Eisner, Internal Revenue Collector v. MacOmberSupreme Court of the United States · 1919
- Weiss v. StearnSupreme Court of the United States · 1924
- United States v. IshamSupreme Court of the United States · 1873
- Lewellyn v. Electric Reduction Co.Supreme Court of the United States · 1927
4 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Sherman & Bryan, Inc. v. BlairCourt of Appeals for the Second Circuit · 1929
- Commissioner v. RenyxCourt of Appeals for the Second Circuit · 1933
- Phelps v. CommissionerCourt of Appeals for the Seventh Circuit · 1931
- Porter v. United StatesCourt of Appeals for the Ninth Circuit · 1928
- United States v. Oscar Frommel & Bro.Court of Appeals for the Second Circuit · 1931
9 more not listed; retrieve them via the Exa API.