Oral Argument: Connelly v. United States | Case No. 23-146 | Date Argued: 3/27/24 | Date Decided: 6/6/24
The High Court Report27 Maalis 2024

Oral Argument: Connelly v. United States | Case No. 23-146 | Date Argued: 3/27/24 | Date Decided: 6/6/24

Oral Argument: Connelly v. United States | Case No. 23-146 | Date Argued: 3/27/24 | Date Decided: 6/6/24

Link to Docket: Here.

Background:

Closely held corporations often enter into agreements requiring the redemption of a shareholder's stock after the shareholder's death in order to preserve the closely held nature of the business. Corporations that enter such agreements often purchase life insurance on the shareholder in order to fund the transaction.

Question Presented: Whether the proceeds of a life-insurance policy taken out by a closely held corporation on a shareholder in order to facilitate the redemption of the shareholder's stock should be considered a corporate asset when calculating the value of the shareholder's shares for purposes of the federal estate tax.

Holding: A corporation's contractual obligation to redeem shares is not necessarily a liability that reduces a corporation's value for purposes of the federal estate tax.

Result: Affirmed.

Voting Breakdown: 9-0. Justice Thomas delivered the opinion for a unanimous Court.

Link to Opinion: Here.

Oral Advocates:

  • For Petitioner: Kannon K. Shanmugam, Washington, D.C.
  • For Respondent: Yaira Dubin, Assistant to the Solicitor General, Department of Justice, Washington, D.C.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(500)

Opinion Summary: Monsanto v. Durnell | Court Axes Roundup Cancer Suits

Opinion Summary: Monsanto v. Durnell | Court Axes Roundup Cancer Suits

Monsanto Co. v. Durnell | Case No. 24-1068 | Docket Link: Here | Argued: April 27, 2026 | Decided: June 25, 2026Overview: Federal pesticide law blocks a Missouri cancer patient's failure-to-warn lawsu...

2 Heinä 15min

Opinion Summary: Mullin v. Doe | No Judge. No TPS. No Way Back.

Opinion Summary: Mullin v. Doe | No Judge. No TPS. No Way Back.

Mullin, Secretary, Department of Homeland Security, et al. v. Doe, et al. | No. 25-1083 (consolidated with Trump, President of the United States, et al. v. Miot, et al., No. 25-1084) | Docket: Here | ...

1 Heinä 16min

New Opinions: June 30th | 3 Blockbusters End the Term

New Opinions: June 30th | 3 Blockbusters End the Term

OVERVIEWThree opinions released June 30th, 2026 — the final day of the October 2025 Term — spanning birthright citizenship, transgender athletes in school sports, and political party campaign spending...

30 Kesä 13min

Opinion Summary: Mullin v. Al Otro Lado | The Inch That Changed Immigration Law

Opinion Summary: Mullin v. Al Otro Lado | The Inch That Changed Immigration Law

Mullin, Secretary of Homeland Security, et al. v. Al Otro Lado, et al. | Case No. 25-5 | Docket Link: https://www.supremecourt.gov/search.aspx?filename=/docket/docketfiles/html/public/25-5.html | Argu...

30 Kesä 14min

New Opinions: June 29th |  Phones, the Fed, the FTC, and the Ballot Box

New Opinions: June 29th | Phones, the Fed, the FTC, and the Ballot Box

OVERVIEWFour opinions released June 29th, 2026 — one day, across digital privacy, presidential removal power at two federal agencies, and absentee ballot receipt deadlines.Two decisions split 6-3 alon...

29 Kesä 18min

Opinion Summary: Wolford v. Lopez | Permission Slip Flopped

Opinion Summary: Wolford v. Lopez | Permission Slip Flopped

Wolford v. Lopez | Case No. 24-1046 | Docket Link: Here | Argued: January 20, 2026 | Decided: June 25, 2026Overview: After Bruen recognized the right to public carry, Hawaii required licensed gun carr...

29 Kesä 13min

Opinion Summary: Blanche v. Lau | Seize Green Cards First and Prove Why Later

Opinion Summary: Blanche v. Lau | Seize Green Cards First and Prove Why Later

Blanche, Acting Attorney General v. Muk Choi Lau | Case No. 25-429 | Docket Link: Here | Argued: April 22, 2026 | Decided: June 23, 2026Overview: The Court addressed whether border officers must posse...

28 Kesä 15min

Opinion Summary: Pung v. Isabella County | Small Debt, Tiny Check

Opinion Summary: Pung v. Isabella County | Small Debt, Tiny Check

Pung v. Isabella County | Case No. 25-95 | Docket Link: Here | Argued: 02/25/2026 | Decided: 06/23/2026Overview: A Michigan family lost their $194,400 home at a tax auction for $76,008 over a disputed...

27 Kesä 19min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
ostan-asuntoja-podcast
rss-rahamania
oppimisen-psykologia
pomojen-suusta
rss-ammattipodcast
hyva-paha-johtaminen
rss-oivalluksia-rahasta-elamasta
rss-pinnan-alle
rss-bisnesta-bebeja
syo-nuku-saasta
rss-sami-miettinen-neuvottelija
rahapuhetta
asuntoasiaa-paivakirjat
pari-sanaa-lastensuojelusta
rss-porssipuhetta
sijoituskaverit