Legal Opinion
St. Louis-San Francisco Railway Co. v. United States
United States Court of Claims
Decided December 12, 1972No. Nos. 289-65 and 303-66PublishedCited by 4 opinions
1Opinion of the CourtCoweN, Chief Judge
Louis No. I), in these related tax cases, we decided several *53issues relating to tbe measurement of debt discount claimed as tbe result of tbe exchange of new debt obligations for outstanding debt obligations and outstanding stock. St. Louis-San Francisco Ry. v. United States, 195 Ct. Cl. 343, 444 F. 2d 1102 (1971), cert. denied, 404 U.S. 1017 (1972). The parties’ pending cross-motions for summary judgment require us to decide two additional issues that were not raised in tbe earlier decision and one which both parties now agree is governed by St. Louis No. 1.
I
The Reduction of Basis
In St.…
2Cases cited5 opinions
- Chicago, Burlington & Quincy Railroad v. United StatesUnited States Court of Claims · 1972
- Southwest Grease & Oil Co., Inc. v. United StatesCourt of Appeals for the Tenth Circuit · 1971
- Chicago, Milwaukee, St. Paul and Pacific Railroad Company v. The United StatesUnited States Court of Claims · 1968
- St. Louis-San Francisco Railway Company v. The United StatesUnited States Court of Claims · 1971
- Southwest Grease & Oil Co. v. United StatesDistrict Court, D. Kansas · 1969
3Cited by4 opinions
- Spartanburg Terminal Co. v. CommissionerUnited States Tax Court · 1976
- United States v. St. Louis-San Francisco Railway Company, a Missouri Railroad CorporationCourt of Appeals for the Eighth Circuit · 1976
- Lockheed Martin Corp. v. United StatesUnited States Court of Federal Claims · 1997
- Spartanburg Terminal Co. v. CommissionerUnited States Tax Court · 1976