Ithaca Indus. v. Commissioner’s Empirical Analysis
1991
Citation profile
2 federal appellate ·
Relationships
Relies on Massey Motors, Inc. v. United States · Burnet v. Niagara Falls Brewing Co. · Hotel Corp. v. Taylor and Fletcher v. Foremans, Inc. · Houston Chronicle Publishing Co. v. United States · Commissioner v. Seaboard Finance Co.
Most-quoted passages
The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 12 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“While goodwill and going-concern value are often referred to conjunctively, technically going-concern value is the ability of a business to generate income without interruption, even though there has been a change in ownership; and goodwill is a 'preexisting' business relationship, based on a continuous course of dealing, which may be expected to continue indefinitely.”
1 later decision quote this exact passage“whether the assembled work force is an intangible asset with an ascertainable value and a limited useful life separate from goodwill or going-concern value is a question of fact.”
1 later decision quote this exact passage“the existence of a trained and operational staff allowed Ithaca to step into the shoes of Old Ithaca.”
1 later decision quote this exact passage
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.