Legal Opinion
John Ownbey Company, Inc. v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided April 2, 1981No. 79-1359PublishedCited by 24 opinions
1Opinion of the Court
WEICK, Circuit Judge.
John Ownbey Company (Ownbey), a Tennessee corporation, appeals to this court from a decision of the United States Tax Court holding it liable under the transferee provisions of the 1954 Internal Revenue Code (26 U.S.C. § 6901) in the amount of $26,983.43, plus interest, for the unpaid 1968 income taxes of International Textile Products, Inc. (International), its wholly owned subsidiary. The Commissioner, by notice of deficiency dated June 13, 1974, originally determined that Ownbey was liable as a transferee in the amount of $41,046.46. This amount represented losses…
2Cases cited15 opinions
- Commissioner v. SternSupreme Court of the United States · 1958
- Sidney Kreps v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1965
- Hyde Properties v. Clyde McCoy Will Luck, Trustee, United States of America, and Commissioner of Revenue for Tennessee, George M. Tidwell, IntervenorCourt of Appeals for the Sixth Circuit · 1974
- Stokes v. CommissionerUnited States Tax Court · 1954
- Bowlin v. Comm'rUnited States Tax Court · 1958
10 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Chrysler Capital Corp. v. Century Power Corp.District Court, S.D. New York · 1991
- City Management Corp. v. U.S. Chemical Co.Court of Appeals for the Sixth Circuit · 1994
- Susan J. Mayors v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1986
- SPC Plastics Corp. v. Griffith (In Re Structurlite Plastics Corp.)Bankruptcy Appellate Panel of the Sixth Circuit · 1998
- Starnes v. CommissionerCourt of Appeals for the Fourth Circuit · 2012
19 more not listed; retrieve them via the Exa API.