Read v. Commissioner
United States Tax Court
W and H, who were married, owned all of the voting, and virtually all of the nonvoting, stock of X corporation (X). They divorced, and the final judgment dissolving their marriage (divorce judgment) ordered (1) that W sell and convey to H, or at H's election to X or X's ESOP plan, all of her X stock, (2) that H, or at H's election X or X's ESOP plan, pay a stated amount of cash to W simultaneously with the sale and conveyance of such stock, and (3) that as additional…
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W and H, who were married, owned all of the voting, and virtually all of the nonvoting, stock of X corporation (X). They divorced, and the final judgment dissolving their marriage (divorce judgment) ordered (1) that W sell and convey to H, or at H's election to X or X's ESOP plan, all of her X stock, (2) that H, or at H's election X or X's ESOP plan, pay a stated amount of cash to W simultaneously with the sale and conveyance of such stock, and (3) that as additional consideration H, or at H's election X or X's ESOP plan, deliver to W a promissory note bearing 9-percent interest for the…
1Opinion of the Court
OPINION
Chiechi, Judge:
These cases are before us on cross-motions for partial summary judgment filed by Carol M. Read (Ms. Read) and by William A. Read (Mr. Read) and Mulberry Motor Parts, Inc. (mmp).2 (We shall refer to the motion for partial summary judgment filed by Ms. Read as Ms. Read’s motion, to the motion for partial summary judgment filed by Mr. Read and MMP as Mr. Read’s and. MMP’s motion, and collectively to those two motions as the cross-motions for partial summary judgment.)
A partial summary adjudication may be made that does not dispose of all the issues in a case if, inter alia,…
2Cases cited12 opinions
- Jack E. Golsen and Sylvia H. Golsen v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1971
- William J. Sullivan and Georgia K. Sullivan v. United StatesCourt of Appeals for the Eighth Circuit · 1966
- Smith v. CommissionerUnited States Tax Court · 1978
- Anderson v. Trade Winds Enterprises Corp.District Court of Appeal of Florida · 1970
- Joann C. Arnes v. United StatesCourt of Appeals for the Ninth Circuit · 1992
7 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Tigers Eye Trading, LLC v. Comm'rUnited States Tax Court · 2012
- Carol M. Read v. CommissionerUnited States Tax Court · 2000
- Read v. CommissionerUnited States Tax Court · 2000
- Tigers Eye Trading, LLC v. Comm'rUnited States Tax Court · 2012
- Tigers Eye Trading, LLC, Sentinel Advisors, LLC, Tax Matters Partner v. CommissionerUnited States Tax Court · 2012
1 more not listed; retrieve them via the Exa API.