United Dominion Industries, Inc. v. United States
| United Dominion Industries, Inc. v. United States | |
|---|---|
 | |
| Decided June 4, 2001 | |
| Full case name | United Dominion Industries, Inc. v. United States |
| Citations | 532 U.S. 822 (more) |
| Holding | |
| An affiliated group's product liability loss must be figured on a consolidated, single-entity basis; a conglomerate cannot aggregate the product liability loss of its subsidiaries and report that sum as its product liability loss. | |
| Court membership | |
| |
| Case opinions | |
| Majority | Souter, joined by Rehnquist, O'Connor, Scalia, Kennedy, Thomas, Ginsberg, Breyer |
| Concurrence | Thomas |
| Dissent | Stevens |
| Laws applied | |
| Internal Revenue Code of 1954 | |
United Dominion Industries, Inc. v. United States, 532 U.S. 822 (2001), was a United States Supreme Court case in which the Court held that an affiliated group's product liability loss must be figured on a consolidated, single-entity basis; a conglomerate cannot aggregate the product liability loss of its subsidiaries and report that sum as its product liability loss.[1][2]
References
[edit]External links
[edit]- Text of United Dominion Industries, Inc. v. United States, 532 U.S. 822 (2001) is available from: Cornell Findlaw Justia
This article incorporates written opinion of a United States federal court. As a work of the U.S. federal government, the text is in the public domain. "[T]he Court is unanimously of opinion that no reporter has or can have any copyright in the written opinions delivered by this Court." Wheaton v. Peters, 33 U.S. (8 Pet.) 591, 668 (1834)
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