Legal Opinion
Kavanaugh v. United States
District Court, N.D. Illinois
Decided June 23, 1983No. 80 C 5708PublishedCited by 1 opinion
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
WILLIAM T. HART, District Judge.
This is a federal tax suit, in which the plaintiffs seek to take a bad business debt deduction, pursuant to 26 U.S.C. § 166, for losses they incurred due to the insolvency of a union pension plan into which plaintiff William C. Kavanaugh had been required to contribute as a condition of his employment. The United States has moved for summary judgment on the ground that contributions to a pension fund do not constitute a loan from the plaintiff to the fund and, therefore, are not deductible as a bad business debt if uncollectible. For…
2Cases cited5 opinions
- United States v. GeneresSupreme Court of the United States · 1972
- Levin v. United StatesUnited States Court of Claims · 1979
- Broido v. CommissionerUnited States Tax Court · 1961
- People's Educational Camp Soc. v. CommissionerUnited States Tax Court · 1963
- Agarano v. United StatesDistrict Court, D. Hawaii · 1953
3Cited by1 opinion
- Kavanaugh v. United StatesCourt of Appeals for the Seventh Circuit · 1984