Legal Opinion
Newmyer v. Philatelic Leasing, Ltd.
Court of Appeals for the Sixth Circuit
Decided October 20, 1989No. Nos. 88-1345, 89-1288PublishedCited by 47 opinions
1Opinion of the Court
DAVID A. NELSON, Circuit Judge.
As a speculative investment, presumably, and as a device for sheltering income from taxes, the plaintiffs in these consolidated cases executed standard-form lease and security agreements under which, in exchange for cash and promissory notes, they acquired leasehold interests in plates for *387printing local postage stamps bearing the names of certain small islands off the coast of Scotland. The plaintiffs had no knowledge of or experience in the stamp business, and each plaintiff elected to have the lessor, defendant Philatelic Leasing, Ltd., arrange for the…
2Cases cited27 opinions
- United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
- Singleton v. WulffSupreme Court of the United States · 1976
- H. J. Inc. v. Northwestern Bell Telephone Co.Supreme Court of the United States · 1989
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
22 more not listed; retrieve them via the Exa API.
3Cited by47 opinions
- Taft Broadcasting Company v. United StatesCourt of Appeals for the Sixth Circuit · 1991
- Chao v. Hall Holding Company, Inc.Court of Appeals for the Sixth Circuit · 2002
- Amanda Meador, Serah Meador, and Tabetha Meador v. Cabinet for Human Resources, Marian McKinney and John HoyleCourt of Appeals for the Sixth Circuit · 1990
- Ouaknine v. MacFarlaneCourt of Appeals for the Second Circuit · 1990
- Chao v. Hall Holding Co.Court of Appeals for the Sixth Circuit · 2002
42 more not listed; retrieve them via the Exa API.