1. Home
  2. Browse Decisions
  3. U.S.
  4. 508 U.S.
  5. 508 U.S. 152 (1993)
 

COMMISSIONER v. KEYSTONE CONSOL. INDUSTRIES, INC.

No. 91-1677.

508 U.S. 152 (1993)

COMMISSIONER OF INTERNAL REVENUE v. KEYSTONE CONSOLIDATED INDUSTRIES, INC.

United States Supreme Court.

Decided May 24, 1993.

Attorney(s) appearing for the Case

Christopher J. Wright argued the cause for petitioner. With him on the briefs were Solicitor General Starr, Acting Solicitor General Bryson, Acting Assistant Attorney General Bruton, Deputy Solicitor General Wallace, and Steven W. Parks.

Raymond P. Wexler argued the cause for respondent. With him on the brief were Todd F. Maynes and Ralph P. End.*

Blackmun, J., delivered the opinion of the Court, in which Rehnquist, C. J., and White, O'Connor, Kennedy, Souter, and Thomas, JJ., joined, and in which Scalia, J., joined as to all but Part III—B. Stevens, J., filed a dissenting opinion, p. 162.

Justice Blackmun delivered the opinion of the Court.†

In this case, we are concerned with the legality of an employer's contributions of unencumbered property to a defined benefit pension plan. Specifically, we must address the question whether such a contribution, when applied to the employer's funding obligation, is a prohibited "sale or exchange" under 26 U. S. C. § 4975 so that...

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