United Dominion Industries, Inc. v. United States

United Dominion Industries, Inc. v. United States
Supreme Court of the 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
Chief Justice William Rehnquist Associate Justices John P. Stevens · Sandra Day O'Connor Antonin Scalia · Anthony Kennedy David Souter · Clarence Thomas Ruth Bader Ginsburg · Stephen Breyer
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

1. United Dominion Industries, Inc. v. United States, 532 U.S. 822 (2001).
2. Leatherman, Don; Leishner, Glenn (2002). "Affiliated and Related Corporations". The Tax Lawyer. 55 (4): 1016–17. ISSN 0040-005X.

External links

• 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)