1. Home
  2. Browse Decisions
  3. F.2d
  4. 567 F.2d
  5. 567 F.2d 373 (1977)
 

W. L. SCHAUTZ CO. v. UNITED STATES

No. 227-75.

567 F.2d 373 (1977)

W. L. SCHAUTZ COMPANY v. The UNITED STATES.

United States Court of Claims.

December 14, 1977.

Attorney(s) appearing for the Case

Donald LaBarre, Jr., Bethlehem, Pa., for plaintiff, Robert Margolis, Bethlehem, Pa., attorney of record; Margolis, LaBarre & Kucy, Bethlehem, Pa., of counsel.

Patricia B. Tucker, Washington, D.C., with whom was Asst. Atty. Gen. M. Carr Ferguson, Washington, D.C., for defendant; Theodore D. Peyser, Jr., Washington, D.C., of counsel.

Before DAVIS and KASHIWA, Judges.

OPINION

KASHIWA, Judge, delivered the opinion of the court:

This case is before us on an agreed stipulation of facts. The sole issue before the court for decision is whether a corporation is entitled to deduct a loss incurred from the sale in 1965 of a winter vacation home used solely by its shareholders. After careful consideration of the briefs and oral arguments presented, we hold it cannot for reasons hereafter stated.

The plaintiff, W. L. Schautz...

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