Legal Opinion
Aviation Corporation v. United States
United States Court of Claims
Decided June 1, 1942No. 45186PublishedCited by 4 opinions
1Opinion of the Court
JONES, Judge.
This is a suit to recover income tax, penalty and interest levied against the plaintiff, the Aviation Corporation, as transferee of the assets of the Universal Aviation Corporation. The levy was based upon the profits arising from an alleged sale to plaintiff by the Universal Aviation Corporation of stock which _it held in the Fokker Aircraft Corporation of America.
Briefly the general facts are as follows:
The Universal Aviation Corporation was organized in 1928. On May 16, 1929, it sold 50,000 shares of the capital stock of the Fokker Company to the plaintiff for a profit of…
2Cases cited7 opinions
- Walker v. Alamo Foods Co.Court of Appeals for the Fifth Circuit · 1927
- Clift & Goodrich, Inc. v. United StatesCourt of Appeals for the Second Circuit · 1932
- Du Puy v. United StatesUnited States Court of Claims · 1929
- Castle v. United StatesUnited States Court of Claims · 1937
- Duncan v. United StatesDistrict Court, W.D. Kentucky · 1941
2 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Penn-Ohio Steel Corporation v. The United StatesUnited States Court of Claims · 1965
- Clinton Street Greater Bethlehem Church, Intervenor-Plaintiff-Appellant v. City of DetroitCourt of Appeals for the Sixth Circuit · 1973
- Eastern Tar Products Corp. v. United StatesDistrict Court, D. Maryland · 1959
- Clinton Street Greater Bethlehem Church, Intervenor-Plaintiff-Appellant v. City of DetroitCourt of Appeals for the Sixth Circuit · 1973