Legal Opinion
United States v. Energy Resources Co.
Supreme Court of the United States
Decided May 29, 1990No. 89-255PublishedCited by 276 opinions
1Opinion of the CourtJustice White
In this case, we decide that a bankruptcy court has the aur thority to order the Internal Revenue Service (IRS) to treat tax payments made by Chapter 11 debtor corporations as trust fund payments where the bankruptcy court determines that this designation is necessary for the success of a reorganization plan.
I
The Internal Revenue Code requires employers to withhold from their employees’ paychecks money representing employees’ personal income taxes and Social Security taxes.' 26 U. S. C. §§ 3102(a), 3402(a). Because federal law requires employers to hold these funds in “trust for the United…
2Cases cited5 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Katchen v. LandySupreme Court of the United States · 1966
- Slodov v. United StatesSupreme Court of the United States · 1978
- In the Matter of Ribs-R-Us, Inc., a Corporation of the State of New Jersey. Appeal of United States of AmericaCourt of Appeals for the Third Circuit · 1987
- United States National Bank v. Chase National BankSupreme Court of the United States · 1947
3Cited by276 opinions
- Young v. United StatesSupreme Court of the United States · 2002
- In Re: Combustion Engineering, Inc. First State Insurance Company Hartford Accident and Indemnity CompanyCourt of Appeals for the First Circuit · 2004
- Andresen v. Nebraska Student Loan Program, Inc. (In Re Andresen)United States Bankruptcy Appellate Panel for the Eighth Circuit · 1999
- In the Matter of Emil Stavriotis and Judith Stavriotis, Debtors. Appeal of United States of AmericaCourt of Appeals for the Seventh Circuit · 1992
- Findley v. Blinken (In Re Joint Eastern & Southern District Asbestos Litigation)District Court, S.D. New York · 1991
271 more not listed; retrieve them via the Exa API.