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

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.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(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 Juli 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 Juli 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 Juni 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 Juni 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 Juni 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 Juni 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 Juni 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 Juni 19min

Populärt inom Business & ekonomi

framgangspodden
rss-jossan-nina
varvet
badfluence
rss-borsens-finest
avanzapodden
svd-tech-brief
uppgang-och-fall
rss-inga-dumma-fragor-om-pengar
fill-or-kill
lastbilspodden
tabberaset
24fragor
bathina-en-podcast
skaraborgspodden
rikatillsammans-om-privatekonomi-rikedom-i-livet
borsmorgon
rss-hos-psykologen
rss-dagen-med-di
rss-kort-lang-analyspodden-fran-di