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.
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