UNITED STATES v. BALANOVSKI

No. 369, Docket 23853.

236 F.2d 298 (1956)

UNITED STATES of America, Plaintiff-Appellee, v. Israel BALANOVSKI, Samuel Bernardo Horenstein, Compania Argentina de Intercambio Comercial, I. Balanovski & Cia. (sometimes called "CADIC"), a copartnership, Defendants-Appellants.

United States Court of Appeals Second Circuit.

Decided August 14, 1956.


Attorney(s) appearing for the Case

Donald L. Stumpf, New York City (Sandow Holman, New York City, on the brief), for defendants-appellants.

Maurice N. Nessen, Asst. U. S. Atty., S. D. N. Y., New York City (Paul W. Williams, U. S. Atty., and Arthur B. Kramer, Asst. U. S. Atty., New York City, on the brief), for plaintiff-appellee.

Before CLARK, Chief Judge, and HINCKS and WATERMAN, Circuit Judges.


CLARK, Chief Judge.

This is an appeal by defendants and a cross-appeal by the United States of America from a decision of Judge Palmieri, sitting without a jury, adjudging defendant-taxpayers liable for almost $1,000,000 in income taxes and interest for the year 1947, and directing two New York banks to pay over funds belonging to the defendant partnership in part payment of the judgment. D.C. S.D.N.Y., 131 F.Supp. 898. In our...

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