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2nd Circ. Wary Of Dead CEO's $194M Cash-For-Stock Tax Win

By Pete Brush (June 5, 2018, 7:40 PM EDT) -- Two Second Circuit judges looked unhappy Tuesday with a U.S. Tax Court decision letting the estate of deceased Monster.com founder Andrew McKelvey avoid liability on $194 million that two banks gave him in exchange for an obligation to turn over chunks of his lode of the employment website's stock....

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