Gordon v. Commissioner
United States Tax Court
Cash basis petitioners, d.b.a. Rialto Theater, and Pioneer Drive-In Theatre, Inc., agreed in writing to initiate legal action against several defendants for injuries sustained under the Clayton (Antitrust) Act in the name of the party having the best cause of action. The parties agreed to split legal costs and any recovery.
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Cash basis petitioners, d.b.a. Rialto Theater, and Pioneer Drive-In Theatre, Inc., agreed in writing to initiate legal action against several defendants for injuries sustained under the Clayton (Antitrust) Act in the name of the party having the best cause of action. The parties agreed to split legal costs and any recovery. Pursuant to their agreement, a successful civil action was brought in the name of Pioneer Drive-In Theatre, Inc. Pioneer Drive-In Theatre, Inc., was awarded a judgment on the verdict in the amount of $ 90,000 plus attorney's fees and costs. The defendants agreed to settle…
1Opinion of the Court
Estate of Harry A. Gordon, Deceased, Ruth E. Gordon, Executrix, and Ruth E. Gordon, Petitioners v. Commissioner of Internal Revenue, Respondent
Gordon v. Commissioner
Docket No. 5557-65
United States Tax Court
47 T.C. 462; 1967 U.S. Tax Ct. LEXIS 152;
January 31, 1967, Filed
Decision will be entered for the respondent.
Cash basis petitioners, d.b.a. Rialto Theater, and Pioneer Drive-In Theatre, Inc., agreed in writing to initiate legal action against several defendants for injuries sustained under the Clayton (Antitrust) Act in the name of the party having the best cause of action. The parties…
2Cases cited1 opinion
- Gordon v. CommissionerUnited States Tax Court · 1967