Ruling Compels Taxes on Insurance by Legal Groups
A 6-1 Supreme Court ruling taxes income earned by non profits selling group insurance to members, affecting about 310,000 American Bar Association lawyers and denying deductions for premiums. The decision, a loss for the American Bar Endowment, could cost millions in revenue and reshape charitable tax exemptions nationwide. The ruling also addressed Texaco bond risks, air controllers, a Miami judge probe, and other systemic issues.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
American Bar Endowment
American Bar Association
Texaco Inc
Texas
Pennzoil
U.S
Alice Hastings
Miami
Reagan defends Manion nomination to federal appeals court
President Reagan vows to fight for Daniel Manion's confirmation to the Seventh Circuit in Chicago, framing the battle as a test of presidential choice. Opponents urge Senate scrutiny, with Sen. Robert Dole seeking debate and a vote on the nomination for the court hearing appeals from Illinois, Indiana and Wisconsin.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Indiana
Daniel Manion
Manion
Senate
Robert Dole
R-Kan
U.S. Circuit Court of Appeals
Chicago
Illinois
Wisconsin
Court Seizure Ruling Keeps Marcos Assets in Hawaii
A three-judge panel of the 9th U.S. Circuit Court of Appeals blocked an order to return about 8.4 million dollars in currency jewelry and other property seized from Ferdinand and Imelda Marcos in Hawaii until ownership claims by the Philippines government are resolved. The Central Bank of the Philippines has filed suits asserting the assets were stolen and must be returned.
MENTIONED IN THIS ARTICLE
San Francisco
U.S
Hawaii
Ferdinand and
Imelda Marcos
Philippines
9Th
U.S. Circuit Court of Appeals
Justice Department
Harold Fong
Honolulu
Marcos
Central Bank of the Philippines
Weinberger criticizes Star Wars cuts to defense budget
Caspar Weinberger denounces bipartisan efforts to trim funding for the Strategic Defense Initiative star wars program saying critics use budget balancing to strangle the project. He warns the administration will resist pressure as GOP and Democrats seek spending reductions.
MENTIONED IN THIS ARTICLE
Washington
Defense
Caspar Weinberger
Weinberger
Strategic Defense Initiative
Impeachment Bid Moves Against Judge Claiborne
A House Judiciary subcommittee recommended impeachment of federal judge Harry E. Claiborne for Nevada for falsifying tax returns. The panel approved two articles by voice vote and sent them to the full committee while Claiborne, a convicted tax evader serving two years in Montgomery, Alabama, continues to collect his $78,700 salary.
MENTIONED IN THIS ARTICLE
Washington
House
Harry E. Claiborne
Judiciary
U.S
Nevada
Full House
Judiciary Committee
Claiborne
Montgomery
Ala
Congress
Controversial lawyer Roy Cohn disbarred in New York
New York Appellate Division disbarred Roy M. Cohn effective immediately after finding he cheated clients and lied. The 59 year old, once a top aide to Senator Joseph McCarthy, has a history of misconduct and multiple indictments but no prior convictions. He dismissed the ruling as political and unrelated to his career.
MENTIONED IN THIS ARTICLE
NEW York
Roy M. Cohn
Joseph McCarthy
Appellate Division
State Supreme Court
Cohn
New York Post
Hellman’s
President postpones vacation for nationally broadcast speech
President Reagan delayed a California vacation to deliver an Oval Office address urging U S aid to Nicaraguan rebels. The White House planned distribution of the address to House members. Networks differed on live airings while CNN planned to broadcast.
MENTIONED IN THIS ARTICLE
Washington
Reagan
House
California
Oval Office
U.S
ABC
NBC
CBS
CNN
Thomas P. O'Neill
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