Partnership Asks Justices To Restore $23M Loss Deduction

By Anna Scott Farrell · February 6, 2026, 5:00 PM EST

A partnership asked the U.S. Supreme Court to revive its $23 million loss deduction involving a Brazilian company, saying in a petition docketed Friday that the Second Circuit wrongly blocked a...

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Documents

Case Information

Case Title

Pimlico, LLC v. Commissioner of Internal Revenue

Case Number

24-1982

Court

Appellate - 2nd Circuit

Nature of Suit

 

Date Filed

July 24, 2024