9th Circ. Mostly Sides Against Publishing Heirs In Tax Spat

Law360, New York (January 13, 2014, 7:43 PM ET) -- The Ninth Circuit on Monday sided mostly with the government in a dispute involving heirs of the founders of former California media conglomerate Chronicle Publishing Co. over a series of dubious transactions designed to eliminate the substantial tax liability related to the sale of the company's assets.

The appeals court ruled on the scope of agreements between the Internal Revenue Service and family trusts controlled by CPC heiress Consuelo Martin and her grandchildren that gave the government more time to assess federal taxes tied to the...
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Case Information

Case Title

Candyce Martin 1999 Irrevocabl, et al v. USA

Case Number

11-17879

Court

Appellate - 9th Circuit

Nature of Suit

2870 Tax Suits

Date Filed

December 1, 2011

Sections

Law Firms Mentioned

Government Agencies Mentioned