Legal Opinion
Khan v. BDO Seidman, LLP
Appellate Court of Illinois
Decided March 16, 2011No. 4—10—0504, 4—10—0583 consPublishedCited by 255 opinions
1Opinion of the CourtJustice Appleton
Justices McCullough and Myerscough 1 concurred in the judgment and opinion.
OPINION
In these two consolidated appeals, the plaintiffs are Shahid R. Khan (Khan) and Ann C. Khan along with various business entities that Khan formed for the purpose of creating artificial losses, which he hoped would reduce his taxable income. Khan was not the one who came up with the tax-avoidance schemes. Rather, according to the complaint, he followed the advice of Paul Shanbrom at BDO Seidman, LLP, advice that was reinforced by a variety of co-conspirators, including the defendants in these two appeals.
In one…
2Cases cited72 opinions
- Knox College v. Celotex Corp.Illinois Supreme Court · 1981
- Bryson v. News America Publications, Inc.Illinois Supreme Court · 1996
- Danann Realty Corp. v. HarrisNew York Court of Appeals · 1959
- Rozny v. MarnulIllinois Supreme Court · 1969
- DeLuna v. BurciagaIllinois Supreme Court · 2006
67 more not listed; retrieve them via the Exa API.
3Cited by255 opinions
- Khan v. Deutsche Bank AGIllinois Supreme Court · 2012
- Bank of America National Association v. Bassman FBT, L.L.C.Appellate Court of Illinois · 2012
- People v. CarrasquilloAppellate Court of Illinois · 2020
- Van Dyke v. WhiteIllinois Supreme Court · 2019
- Nationwide Advantage Mortgage Company v. OrtizAppellate Court of Illinois · 2012
250 more not listed; retrieve them via the Exa API.