Legal Opinion
Norden-Ketay Corporation (Formerly Ketay Instrument Corporation) v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided June 28, 1963No. 330, Docket 28077PublishedCited by 31 opinions
1Opinion of the Court
J. JOSEPH SMITH, Circuit Judge.
Prior to 1951, petitioner was an established Illinois corporation primarily engaged in the business of mining coal under the name Consolidated Coal Corporation. During 1950, overtures to Lehman Bros., a New York investment banking firm, had been made on behalf of the owners of the principal block of stock, with a view towards sale of the .stock. Lehman Bros, located a buyer, the Ziegler Coal & Coke Company, which, however, as matters finally developed was interested only in purchasing the assets of Consolidated. The following transactions then took place: Lehman…
2Cases cited8 opinions
- Automobile Club of Mich. v. CommissionerSupreme Court of the United States · 1957
- Libson Shops, Inc., v. Koehler, District Director of Internal RevenueSupreme Court of the United States · 1957
- Mill Ridge Coal Company v. George D. Patterson, District Director of Internal RevenueCourt of Appeals for the Fifth Circuit · 1959
- Newmarket Manufacturing Company v. United StatesCourt of Appeals for the First Circuit · 1956
- A. C. Willingham v. United StatesCourt of Appeals for the Fifth Circuit · 1961
3 more not listed; retrieve them via the Exa API.
3Cited by31 opinions
- Ach v. CommissionerUnited States Tax Court · 1964
- Humacid Co. v. CommissionerUnited States Tax Court · 1964
- Richard's Auto City, Inc. v. Director, Division of TaxationSupreme Court of New Jersey · 1995
- Frederick Steel Co. v. CommissionerUnited States Tax Court · 1964
- Julius Garfinckel & Co., Incorporated (Successor to Brooks Brothers, Inc., Formerly the A. Depinna Company) v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1964
26 more not listed; retrieve them via the Exa API.