LANDRETH v. C.I.R.

Nos. 86-7588, 86-7636.

859 F.2d 643 (1988)

Ivan K. LANDRETH; Lucille Landreth, Petitioners-Appellants, v. COMMISSIONER INTERNAL REVENUE SERVICE, Respondent-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided October 4, 1988.


Attorney(s) appearing for the Case

Robert J. Shaw, Short Cressman & Burgess, Seattle, Wash., for petitioners-appellants.

Kenneth L. Greene, Dept. of Justice, Washington, D.C., for respondent-appellee.

Before FLETCHER and NORRIS, Circuit Judges, and MacBRIDE, District Judge.


ORDER

The petition for rehearing is granted. This court's opinion, Landreth v. Commissioner, 845 F.2d 828 (9th Cir.1988), filed on April 26, 1988, is hereby vacated.

OPINION

WILLIAM A. NORRIS, Circuit Judge:

The principal issue in this case is whether the Landreths (taxpayers) can deduct losses from commodity futures "straddles,"1 incurred in 1978, if their primary motive...

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