2003 Tax Ct. Memo LEXIS 288">*288 Estate's motions for reconsideration and for interlocutory order denied.
*On Mar. 25, 2003, the Court issued its opinion,
SUPPLEMENTAL MEMORANDUM OPINION
VASQUEZ, Judge: This case is before the Court on the estate's motion for reconsideration and motion for interlocutory order under
On March 25, 2003, the Court filed its Memorandum Opinion in this case,
On May 8, 2003, the2003 Tax Ct. Memo LEXIS 288">*289 estate filed a motion for leave to file motion for reconsideration and lodged a motion for reconsideration. Also on May 8, 2003, the estate filed a motion for interlocutory order under
On May 23, 2003, the estate filed a memorandum in support of the estate's motions for reconsideration and an interlocutory order. Also on May 23, 2003, we granted the estate's motion for leave to file motion for reconsideration (and the motion for reconsideration was filed), and ordered respondent to file, on or before June 13, 2003, a response to the estate's motion for reconsideration and motion for an interlocutory order.
On June 16, 2003, respondent filed respondent's response to the estate's motion for reconsideration and a notice of objection which objected to the granting of the estate's motion for an interlocutory order under
Reconsideration
Reconsideration under
The estate contends that the factual record in the Memorandum Opinion is incomplete in its essential elements. Essentially, the estate disagrees with the Court's conclusions about the facts of this case. In our Memorandum Opinion, we considered and addressed the estate's arguments, the testimony of all of the witnesses, and all of the documentary evidence. The estate has not demonstrated any manifest error of fact.
Furthermore, on the basis of the record, the estate's version of the "facts" misconstrues the facts of this case, ignores certain facts, or takes them out of their context by isolating events and looking at them in a vacuum. For example, the estate claims that shortly after respondent offered, via telephone, to settle the case by assigning a fair market value of $ 1,124,410 to the limited partnership interest in issue, respondent faxed a new "offer" for almost $ 125,000 less even though the Appeals officer stated in the phone conversation with the estate's accountant that the fax would contain the Appeals officer's calculations regarding2003 Tax Ct. Memo LEXIS 288">*292 how he arrived at a fair market value of $ 1,124,410. The estate's contention that the estate's representatives believed the $ 1,000,000 figure contained in the January 14, 2002, fax was an offer from respondent is contrary to the facts of this case.
Additionally, the estate has not shown that we made a manifest error of law. The estate argues that our reliance on
Neither
2003 Tax Ct. Memo LEXIS 288">*293 The estate's legal arguments are merely the rehashing of previously rejected legal arguments or the tendering of new legal theories to reach the end result desired by the estate. This is inappropriate. See
Nor has the estate offered newly discovered evidence, or shown that there were unusual circumstances which warrant relief. The estate has merely restated the proposed facts and argument set forth in the opening brief and reply brief that we rejected.
Interlocutory Appeal
This Court may certify an interlocutory order for an immediate appeal if we conclude that (1) a controlling question of law is involved, (2) substantial grounds for a difference of opinion are present, and (3) an immediate appeal may materially advance the ultimate termination of the litigation.
The U.S. Court of Appeals for the Second Circuit, to which an appeal of this case would lie, has stated that only exceptional circumstances justify a departure from the basic policy of postponing appellate review until after the entry of a final judgment.
In our Memorandum Opinion, we noted that the determination of whether there was a meeting of the minds sufficient to constitute a contract is a question of fact. Accordingly, a controlling question of law is not involved. See
The estate contends that "this case was unique and unlike any other case the Court has considered on the issue whether an otherwise agreed basis of settlement should be enforced." Assuming arguendo this is true, it strains credibility to then suggest that substantial grounds for difference of opinion are present.
The estate also argues that if the estate's motion for entry of decision were granted, it would terminate the litigation in this case. The estate, however, ignores the possibility that on appeal the U.S. Court of Appeals for the Second Circuit also may rule against the estate (i.e., that there was no settlement). If we were affirmed, this case would not terminate at that point because the fair market value of the limited partnership interest would still be in issue. Accordingly, we conclude that an immediate appeal will not materially advance the ultimate termination of the litigation.
After consideration of all of the estate's arguments and based upon the record before us, we are not persuaded that our decision to deny the estate's motion for entry of decision falls within the rare category of cases contemplated by Congress when enacting
Conclusion
We note that if the January 14, 2002, fax had contained a figure higher than the $ 1,124,410 offered by respondent on the telephone shortly before the January 14, 2002, fax was sent, it is likely that the estate's counsel or accountant would have immediately contacted respondent and sought to correct the figure. Instead, the estate's counsel advised the estate's accountant to take undue advantage of the situation.
Accordingly, we shall deny the estate's motion for reconsideration and deny the estate's motion for interlocutory order under
An appropriate order will be issued.
*On Mar. 25, 2003, the Court issued its opinion,
1. Unless otherwise indicated, all section references are to the Internal Revenue Code in effect for the years in issue, and all Rule references are to the Tax Court Rules of Practice and Procedure.↩
2. Additionally, if a document contains an incorrect figure due to a clerical error (such as writing down the wrong number) and fails to reflect accurately the terms of an agreement, we shall not enforce the document as written and shall allow a party to correct the error. See