Court: United States Tax Court
Filed: Sep. 11, 1995
Judges: HALPERN
Attorneys: Dan Burt , Forbes Maner, Henry B. Miller, and David G. Tripp , for petitioner. Darrell C. Weaver and Michael W. Bitner , for respondent. Table of Contents Findings of Fact Opinion I. Introduction II. Transaction III. Consequences of the Acquisition for SCI and Its Shareholders IV. National Starch and Its Progeny A. Sections 162 and 165 B. National Starch C. INDOPCO, Inc D. Victory Markets E. Federated Department Stores V. Discussion A. Arguments of the Parties B. Duties of the Board 1. Arguments of the Parties 2. The Law of Delaware 3. Different Constituencies C. Competing Theories D. Expenditures for the Benefit of Another E. Capital Expenditures 1. Introduction 2. Nature of the Inquiry 3. Origin of the Claim F. Origin of the Fees G. Federated Department Stores H. Section 162 I. Section 165 VI. Conclusion
Number: Docket No. 20225-92.
