Legal Opinion
Frank E. Connery, in No. 19,432 v. United States of America. Max Kraven, in No. 19,433 v. United States
Court of Appeals for the Third Circuit
Decided May 22, 1972No. 19432, 19433PublishedCited by 39 opinions
1Opinion of the Court
OPINION OF THE COURT
MAX ROSENN, Circuit Judge.
This is an appeal from a judgment of the United States District Court for the District of New Jersey which held that the appellants in these consolidated cases were not entitled to recover income tax and deficiency interest paid by them as transferees of the assets of Frankay Laboratories, Inc., a New Jersey corporation. The case raises several issues of first impression in this circuit.
The facts found by the district court which are relevant to our discussion and decision may be summarized as follows: Frankay, in the business of making and…
2Cases cited8 opinions
- Spreckels v. CommissionerSupreme Court of the United States · 1942
- West Seattle National Bank of Seattle v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1961
- Louis Spitalny and Betty Spitalny, His Wife v. United States of America, William Erdwurm and Bart F. Erdwurm, His Wife v. United StatesCourt of Appeals for the Ninth Circuit · 1970
- Commissioner of Internal Revenue v. D. B. AndersCourt of Appeals for the Tenth Circuit · 1969
- Alphaco, Inc., a Delaware Corporation v. E. J. Nelson, District Director of Internal RevenueCourt of Appeals for the Seventh Circuit · 1967
3 more not listed; retrieve them via the Exa API.
3Cited by39 opinions
- Hillsboro National Bank v. CommissionerSupreme Court of the United States · 1983
- Bernard D. Spector v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1981
- William F. Sullivan and Rosemary C. Sullivan v. United StatesCourt of Appeals for the Third Circuit · 1980
- Estate of Munter v. CommissionerUnited States Tax Court · 1975
- Bresler v. CommissionerUnited States Tax Court · 1975
34 more not listed; retrieve them via the Exa API.