Legal Opinion
Lane Bryant, Inc. And the Limited, Inc. v. United States
Court of Appeals for the Federal Circuit
Decided September 21, 1994No. 92-5022PublishedCited by 27 opinions
1Opinion of the Court
PLAGER, Circuit Judge.
This tax case arose in the wake of an unsuccessful hostile takeover attempt in the early 1980s. Plaintiff-Appellant Lane Bryant, Inc. and its parent corporation The Limited, Inc., 1 (Lane) appeal a Court of Federal Claims judgment in favor of Defendant-Appellee the United States, No. 246-89T (Sept. 25,1991), that Lane was not entitled to a tax refund because no portion of the premium Lane paid to recover its stock from the corporate raiders could be deducted as a business expense, I.R.C. § 162(a), 2 or amortized as a depreciating asset, I.R.C. § 167(a). We affirm.
BACKGROU…
2Cases cited11 opinions
- South Corporation and Seal Fleet, Inc. v. The United StatesCourt of Appeals for the Federal Circuit · 1982
- Commissioner v. DanielsonCourt of Appeals for the Third Circuit · 1967
- Hamlin's Trust v. Commissioner of Internal Revenue. Nowel's Estate v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1954
- Schulz v. CommissionerCourt of Appeals for the Ninth Circuit · 1961
- KFOX, Inc. v. United StatesUnited States Court of Claims · 1975
6 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Glaxo, Inc. And Glaxo Group Limited v. Torpharm, Inc., Apotex Usa, Inc. And Apotex, Inc.Court of Appeals for the Federal Circuit · 1998
- Herbert J. Gump and Marilyn Gump v. United StatesCourt of Appeals for the Federal Circuit · 1996
- Cube Corp. v. United StatesUnited States Court of Federal Claims · 2000
- Phoenix Air Group, Inc. v. United StatesUnited States Court of Federal Claims · 2000
- Doe v. United StatesUnited States Court of Federal Claims · 2000
22 more not listed; retrieve them via the Exa API.