MADISON SQUARE GARDEN CORPORATION (formerly Graham-Paige Corporation), Petitioner-Appellant/Appellee,
v.
COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellant/Appellee.
United States Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
Argued May 23, 1974.
Decided July 30, 1974.
Attorney(s) appearing for the Case
David G. Sacks, New York City (Simpson, Thacher & Bartlett, Michael H. Simonson, Margaret Ann Murdich, New York City, of counsel), for petitioner-appellant/appellee.
Carolyn R. Just, Atty. Tax Div. (Scott P. Crampton, Asst. Atty. Gen., Meyer Rothwacks, Ernest J. Brown, Attys., Tax Div., Dept. of Justice, Washington, D.C., of counsel), for respondent-appellant/appellee.
Before SMITH and TIMBERS, Circuit Judges, and TYLER, District Judge.
United States Court of Appeals, Second Circuit.
J. JOSEPH SMITH, Circuit Judge:
These are cross-appeals from a decision by the Tax Court, 58 T.C. 619 (1972), Irene F. Scott, Judge, holding (1) that the taxpayer, Madison Square Garden Corporation (MSG), was entitled under 26 U.S.C. § 334(b)(2) to a stepped-up basis for assets acquired through a merger-liquidation of a controlled corporation, but (2) that it was limited in this step-up...
Let's get started
Welcome to the leading source of independent legal reporting Sign on now to see your case. Or view more than 10 million decisions and orders.
Updated daily.
Uncompromising quality.
Complete, Accurate, Current.
Listed below are the cases that are cited in this Featured Case. Click the citation to see the full
text of the cited case. Citations are also linked in the body of the Featured Case.
Cited Cases
No Cases Found
Listed below are those cases in which this Featured Case is cited. Click on the case name to see the
full text of the citing case.
