1. Home
  2. Browse Decisions
  3. F.2d
  4. 526 F.2d
  5. 526 F.2d 1012 (1975)
 

BANK OF NEW YORK v. UNITED STATES

No. 75-1120.

526 F.2d 1012 (1975)

The BANK OF NEW YORK, Executor of the Estate of Ellen G. Rionda, Deceased v. UNITED STATES of America, Appellant.

United States Court of Appeals, Third Circuit.

Decided November 4, 1975.

Attorney(s) appearing for the Case

Riker, Danzig, Scherer & Debevoise, Newark, N. J., for appellee; Marie L. Garibaldi, Newark, N. J., of counsel and on the brief.

Scott P. Crampton, Asst. Atty. Gen., Gilbert E. Andrews, Jonathan S. Cohen, Ann Belanger Durney, Attys., Tax Div., Dept. of Justice, Washington, D.C., for appellant; Jonathan L. Goldstein, U.S. Atty., of counsel.

Before VAN DUSEN, ADAMS and HUNTER, Circuit Judges.

OPINION OF THE COURT

ADAMS, Circuit Judge.

For purposes of the federal estate tax, there may be deducted claims against the estate that are paid by the estate and which are founded on promises or agreements, provided that such claims were, in the language of section 2053, "contracted bona fide and for an adequate and full consideration in money or money's worth . . .."1

This appeal poses the question whether the cost...

Let's get started

Leagle.com

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.

Citing Cases