1. Home
  2. Browse Decisions
  3. Mass.
  4. 386 Mass.
  5. 386 Mass. 351 (1982)
 

GREEN v. COMMISSIONER OF REVENUE

386 Mass. 351 (1982)

436 N.E.2d 134

JAMES L. GREEN & another vs. COMMISSIONER OF REVENUE.

Supreme Judicial Court of Massachusetts, Suffolk.

May 28, 1982.

Attorney(s) appearing for the Case

Robert J. McGee for the plaintiffs.

Francis X. Bellotti, Attorney General, Linda M. Irvin & Paul R. Matthews, Assistant Attorneys General, for the defendant.

Present: HENNESSEY, C.J., LIACOS, ABRAMS, & O'CONNOR, JJ.

O'CONNOR, J.

The taxpayer is in the business of owning and operating commercial real estate. He was also the president and sole shareholder of Eleganza, Inc., a mail order business. Eleganza, Inc., became insolvent in 1975, and the taxpayer was required to pay $170,000 pursuant to his personal guaranty of a debt owed by Eleganza, Inc. Insolvency rendered the taxpayer's claim against Eleganza, Inc., worthless. The taxpayer sold a parcel of land that he

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