Legal Opinion
Corra Resources, Ltd. v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided October 9, 1991No. 90-3365PublishedCited by 13 opinions
1Opinion of the Court
EASTERBROOK, Circuit Judge.
Corra Resources, an investment vehicle for Edwin Corra and his wife Genevieve, put some of its assets into a coal mining lease in 1978. (Corra Plumbing Co., which made the investment, sold its operating assets in 1980 and was renamed as it became an investment company.) Corra Resources obtained from Salem Minerals the right to mine coal in Pikeville, Kentucky (the “Pikeville Quadrangle” lease); it put down $77,500 as prepaid royalties and hired Hurricane Mining Co. to do the mining and Euran Energy to manage its interests. Corra Resources paid additional royalties…
2Cases cited12 opinions
- Freytag v. CommissionerSupreme Court of the United States · 1991
- Thor Power Tool Co. v. CommissionerSupreme Court of the United States · 1979
- Paul P. Brountas v. Commissioner of Internal Revenue, Paul P. And Lynn T. Brountas v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1982
- Crc Corporation v. Commissioner of Internal Revenue. Crc Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1982
- Gulf Oil Corporation, in No. 89-2049 v. Commissioner of Internal Revenue. Commissioner of Internal Revenue, in No. 89-2050 v. Gulf Oil CorporationCourt of Appeals for the Third Circuit · 1990
7 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Capital Blue Cross and Subsidiaries v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 2005
- Trigon Insurance v. United StatesDistrict Court, E.D. Virginia · 2002
- United Dairy Farmers, Inc. v. United StatesCourt of Appeals for the Sixth Circuit · 2001
- Capital Blue Cross & Subsidiaries v. Comm'rUnited States Tax Court · 2004
- JHK Enters. v. Comm'rUnited States Tax Court · 2003
8 more not listed; retrieve them via the Exa API.