Iu Int'l Corp. v. Nx Acquisition Corp., 840 F.2d 229 (4th Cir. 1988). · Go Syfert
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Iu Int'l Corp. v. Nx Acquisition Corp., 840 F.2d 229 (4th Cir. 1988). Cases Citing This Book View Copy Cite
“related corporations . . . do not provide for sinking funds . . . or do they ordinarily set up fixed repayment schedules . . . .”
11 citation events (3 in the last 25 years) across 4 distinct courts.
Strongest positive: Gow v. Commissioner, IRS (ca4, 2001-09-24) · Strongest negative: William G. Allen (tax, 2023-07-11)
Top citers, strongest first. 7 distinct citers. How cited ↗
discussed Cited "but see" William G. Allen
Tax Ct. · 2023 · signal: but cf. · quote attribution · 1 verbatim quote · confidence high
related corporations . . . do not provide for sinking funds . . . or do they ordinarily set up fixed repayment schedules . . . .
discussed Cited as authority (rule) Gow v. Commissioner, IRS
4th Cir. · 2001 · confidence medium
Mills v. Commissioner, 840 F.2d 229, 235 (4th Cir.1988) (explaining that “if the primary purpose of the transfer was to benefit the individual stockholder and the transfer had that effect” it is taxable constructive dividend); Hash v. Commissioner, 273 F.2d 248, 250 (4th Cir.1959) (noting that cancellation of shareholder debt to corporation constitutes taxable constructive dividend).
examined Cited as authority (rule) Gerald D. Roberts Judy A. Roberts v. Commissioner of Internal Revenue (3×) also: Cited "see"
4th Cir. · 1992 · confidence medium
Id. at 1388 ; Mills v. Commissioner, 840 F.2d 229, 235 (4th Cir. 1988).
discussed Cited as authority (rule) United States v. Levi R. Mews
7th Cir. · 1991 · confidence medium
These requirements, though drawn from language in a civil case involving constructive dividends, Mills v. Internal Revenue Service, 840 F.2d 229, 235 (4th Cir.1988) (more distant ancestors are Sammons v. Commissioner, 472 F.2d 449, 451-52 (5th Cir.1972), and Stinnett’s Pontiac Service, Inc. v. Commissioner, 730 F.2d 634, 640-41 (11th Cir.1984)), do not exist, unless “personal benefit” is understood to be a fiction.
discussed Cited "see, e.g." Wlr Foods, Incorporated v. Tyson Foods, Incorporated
1st Cir. · 1995 · signal: see also · confidence low
The Williams Act is meant to protect investors by placing them "on an equal footing with the takeover bidder." CTS, 481 U.S. at 82 , 107 S.Ct. at 1645 -46 (quoting Piper v. Chris-Craft Indus., Inc., 430 U.S. 1, 30 , 97 S.Ct. 926, 943 , 51 L.Ed.2d 124 (1977)); see also IU Int'l Corp. v. NX Acquisition Corp., 840 F.2d 220 , 222 (4th Cir.1988), adopted en banc, 840 F.2d 229 (4th Cir.1988) (per curiam).
discussed Cited "see, e.g." WLR Foods, Inc. v. Tyson Foods, Inc.
unknown court · 1995 · signal: see also · confidence low
The Williams Act is meant to protect investors by placing them “on an equal footing with the takeover bidder.” CTS, 481 U.S. at 82 , 107 S.Ct. at 1645 -46 (quoting Piper v. Chris-Craft Indus., Inc., 430 U.S. 1, 30 , 97 S.Ct. 926, 943 , 51 L.Ed.2d 124 (1977)); see also IU Int’l Corp. v. NX Acquisition Corp., 840 F.2d 220 , 222 (4th Cir.1988), adopted en banc, 840 F.2d 229 (4th Cir.1988) (per curiam).
cited Cited "see, e.g." Sutherland v. Commissioner
Tax Ct. · 1991 · signal: see also · confidence low
See also Mills v. Internal Revenue Service , 840 F.2d 229 (4th Cir. 1988) , revg. a Memorandum Opinion of this Court (reversing on the facts, not law); 5 Gilbert v. Commissioner , 74 T.C. 60 (1980) .
Retrieving the full opinion text from the archive…
Iu International Corporation
v.
Nx Acquisition Corp. Neoax, Inc. Dyson-Kissner-Moran Corporation Wm Financial Corp., Securities and Exchange Commission, Amicus Curiae
88-3013.
Court of Appeals for the Fourth Circuit.
Feb 17, 1988.
840 F.2d 229
Published

840 F.2d 229

IU INTERNATIONAL CORPORATION, Plaintiff-Appellant,
v.
NX ACQUISITION CORP.; NEOAX, Inc.; Dyson-Kissner-Moran
Corporation; WM Financial Corp., Defendants-Appellees,
Securities and Exchange Commission, Amicus Curiae.

No. 88-3013.

United States Court of Appeals,
Fourth Circuit.

Submitted Feb. 12, 1988.
Decided Feb. 17, 1988.

Appeal from the United States District Court for the District of Maryland, at Baltimore. Norman P. Ramsey, District Judge. (CA-88-84).

Paul Vizcarrondo, Jr., New York City, (Francis B. Burch, Jr., Piper & Marbury, Baltimore, Md., Wachtell, Lipton, Rosen & Katz, New York City, on brief), for plaintiff-appellant.

Stephen P. Lamb (Skadden, Arps, Slate, Meagher & Flom, Wilmington, Del., George Beall, Mark D. Gately, Miles & Stockbridge, Baltimore, Md., on brief), for defendants-appellees.

Eric Summergrad, Asst. General Counsel (Daniel L. Goelzer, General Counsel, Jacob H. Stillman, Associate General Counsel, Lucinda O. McConathy, Special Counsel, Washington, D.C., on brief), for amicus curiae S.E.C.

Before WINTER, Chief Judge, and RUSSELL, WIDENER, HALL, PHILLIPS, MURNAGHAN, SPROUSE, ERVIN, CHAPMAN, WILKINSON, and WILKINS, Circuit Judges, in banc.

PER CURIAM:

1

By a split vote the panel affirmed the judgment of the district court denying a preliminary injunction enjoining the tender offer of NX Acquisition Corporation, et al. for alleged noncompliance with the Williams Act and the regulations thereunder. IU International Corporation v. NX Acquisition Corp., 840 F.2d 220 (4 Cir.1988). Thereafter a majority of the court voted to reconsider the case in banc.

2

The case has been reconsidered in banc by a consideration of the briefs and panel opinions. A majority of the in banc court has voted to affirm the judgment of the district court for the reasons set forth in the majority panel opinion. Judges Winter, Russell and Sprouse dissent. They would reverse for the reasons set forth in the dissenting panel opinion.

3

The mandate shall issue forthwith.

4

AFFIRMED.