Legal Opinion
Matter of West Texas Marketing Corp.
Court of Appeals for the Fifth Circuit
Decided June 1, 1995No. 94-10089PublishedCited by 42 opinions
1Opinion of the Court
RHESA HAWKINS BARKSDALE, Circuit Judge:
At issue in this Chapter 7 liquidation is whether the district court erred in holding that the estate of West Texas Marketing Corporation (WTMC), the debtor, (1) could not, for federal income tax purposes, accrue and deduct post-petition interest on undisputed and resolved general unsecured claims; and (2) was liable for a tax penalty, even though the Internal Revenue Service assessed it outside the period allowed by § 505(b) of the Bankruptcy Code. We AFFIRM.
I
This case was tried on stipulated facts, which are developed more fully in In re West Texas…
2Cases cited12 opinions
- Vanston Bondholders Protective Committee v. GreenSupreme Court of the United States · 1947
- Brown v. HelveringSupreme Court of the United States · 1934
- Lucas v. North Texas Lumber Co.Supreme Court of the United States · 1930
- United States v. General Dynamics Corp.Supreme Court of the United States · 1987
- United States v. Hughes Properties, Inc.Supreme Court of the United States · 1986
7 more not listed; retrieve them via the Exa API.
3Cited by42 opinions
- Carrieri v. Jobs.Com Inc.Court of Appeals for the Fifth Circuit · 2004
- United States v. GrayCourt of Appeals for the Fifth Circuit · 1996
- Hickman v. Texas (In Re Hickman)Court of Appeals for the Fifth Circuit · 2001
- Mendez-Rosas v. Immigration & Naturalization ServiceCourt of Appeals for the Fifth Circuit · 1996
- In Re Oak Park Calabasas Condominium Ass'nUnited States Bankruptcy Court, C.D. California · 2003
37 more not listed; retrieve them via the Exa API.