Legal Opinion
United States v. First National Bank & Trust Co.
District Court, W.D. Pennsylvania
Decided April 4, 1988No. Civ. A. 84-239PublishedCited by 8 opinions
1Opinion of the Court
MEMORANDUM OPINION
DIAMOND, District Judge.
This is an action by the plaintiff to recover the value of certain property plus interest, costs and a penalty of fifty percent (50%) of that value pursuant to 26 U.S.C. § 6332(c)(1) and (2), as a result of defendant’s failure to surrender on plaintiff’s demand certain property of a delinquent taxpayer. The property in question is a $25,-000 certificate of deposit made by Bert Gigli, Jr. (“taxpayer”) to secure extensions of credit 1 by the defendant bank to a corporation of which the taxpayer was president and principal shareholder. Presently before…
2Cases cited13 opinions
- Aquilino v. United StatesSupreme Court of the United States · 1960
- United States v. National Bank of CommerceSupreme Court of the United States · 1985
- Pittsburgh National Bank v. United StatesCourt of Appeals for the Third Circuit · 1981
- Aarons v. Pub. Ser. B. L. Assn.Supreme Court of Pennsylvania · 1935
- United States v. Citizens and Southern National Bank, United States of America v. Citizens and Southern National BankCourt of Appeals for the Fifth Circuit · 1976
8 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- United States v. Donahue Industries, Inc., Dba Donahue Printing Company, and Rainier National BankCourt of Appeals for the Ninth Circuit · 1990
- Congress Talcott Corporation v. Gabriel Gruber Lawrence Herman United States of AmericaCourt of Appeals for the Third Circuit · 1993
- Royal Bank of Pennsylvania v. SeligSuperior Court of Pennsylvania · 1994
- Virgin Islands Bureau of Internal Revenue v. Chase Manhattan BankDistrict Court, Virgin Islands · 2001
- Congress Talcott Corporation v. Gabriel Gruber Lawrence Herman United States of AmericaCourt of Appeals for the Third Circuit · 1993
3 more not listed; retrieve them via the Exa API.