Connelly v. Internal Revenue Service
Holding
A corporation's contractual obligation to redeem shares is not necessarily a liability that reduces a corporation's value for purposes of the federal estate tax.
Judgment
Affirmed, 9-0, in an opinion by Clarence Thomas on Jun 6, 2024.
Aug 15, 2023Petition for a writ of certiorari filed. (Response due September 15, 2023)Sep 7, 2023Motion to extend the time to file a response from September 15, 2023 to October 16, 2023, submitted to The Clerk.
Sep 11, 2023Motion to extend the time to file a response is granted and the time is extended to and including October 16, 2023.
Sep 29, 2023Motion to extend the time to file a response from October 16, 2023 to October 30, 2023, submitted to The Clerk.Oct 2, 2023Motion to extend the time to file a response is granted and the time is further extended to and including October 30, 2023.
Oct 30, 2023Brief of respondent Internal Revenue Service in opposition filed.Nov 14, 2023DISTRIBUTED for Conference of 12/1/2023.
Nov 14, 2023Reply of petitioner Thomas Connelly filed. (Distributed)Dec 1, 2023Rescheduled.
Dec 1, 2023DISTRIBUTED for Conference of 12/8/2023.
Dec 13, 2023Petition GRANTED.
Jan 24, 2024Brief of petitioner Thomas Connelly filed.Jan 24, 2024Joint appendix filed. (Statement of costs filed)Jan 29, 2024SET FOR ARGUMENT on Wednesday, March 27, 2024.
Jan 31, 2024Record requested from the United States Court of Appeals for the Eighth Circuit.
Jan 31, 2024Brief amici curiae of Chamber of Commerce of the United States of America, et al. filed.Feb 7, 2024Record received from the United States Court of Appeals for the Eighth Circuit (1 box) and available with the Clerk.
Feb 14, 2024CIRCULATED
Feb 23, 2024Brief of respondent United States filed. (Distributed)Feb 27, 2024Brief amicus curiae of Adam Chodorow filed. (Distributed)Feb 28, 2024Brief amicus curiae of Brant Hellwig filed. (Distributed)Mar 15, 2024Reply of petitioner Thomas Connelly filed. (Distributed)Mar 27, 2024Argued. For petitioner: Kannon K. Shanmugam, Washington, D. C. For respondent: Yaira Dubin, Assistant to the Solicitor General, Department of Justice, Washington, D. C
Jun 6, 2024Adjudged to be AFFIRMED. Thomas, J., delivered the opinion for a unanimous Court.
Jul 8, 2024Judgment Issued.Aug 22, 2024Record returned to the United States Court of Appeals for the Eighth Circuit.
Recommended Citation: Connelly v. Internal Revenue Service, SCOTUSblog, https://www.scotusblog.com/cases/connelly-v-internal-revenue-service/