Legal Opinion
Western Pac. R. Corporation v. Western Pac. R. Co.
District Court, N.D. California
Decided September 6, 1949No. 26508PublishedCited by 9 opinions
1Opinion of the Court
GOODMAN, District Judge.
Plaintiff, a former holding company, whose interest in its subsidiary had been finally declared valueless in the subsidiary’s reorganization proceeding under § 77 of the Bankruptcy Act, 11 U.S.C.A. § 205, has tendered the novel claim that it should be awarded, in equity, a paid, if not all, of the subsidiary’s income tax saving while in reorganization, resulting from the filing of consolidated corporate income tax returns.
A somewhat detailed history must be set down in order to properly appraise the unique demand of plaintiff.
Plaintiff is The Western Pacific Railroad…
2Cases cited12 opinions
- United States v. IshamSupreme Court of the United States · 1873
- Ecker v. Western Pacific R. Corp.Supreme Court of the United States · 1943
- RFC v. Denver & RGWR Co.Supreme Court of the United States · 1946
- Jones v. HelveringCourt of Appeals for the D.C. Circuit · 1934
- Iowa Bridge Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1930
7 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Western Pac R.R. Corp. v. Western Pac. R. Co. Metzger v. Western Pac. R. Co.Court of Appeals for the Ninth Circuit · 1952
- Meyerson v. El Paso Natural Gas CompanyCourt of Chancery of Delaware · 1967
- Matter of All Products Co.United States Bankruptcy Court, E.D. Michigan · 1983
- United States Ex Rel. Roberts v. Western Pac. R. Co.Court of Appeals for the Ninth Circuit · 1951
- Case v. New York Central RailroadAppellate Division of the Supreme Court of the State of New York · 1963
4 more not listed; retrieve them via the Exa API.