Supreme Court of the United States, 1940

New World Life Insurance Co. v. United States

New World Life Insurance Co. v. United States
Supreme Court of the United States · Decided December 9, 1940
311 U.S. 620; 61 S. Ct. 314; 85 L. Ed. 393; 1940 U.S. LEXIS 47; 24 A.F.T.R. (P-H) 1080 (United States Reports)

New World Life Insurance Co. v. United States

Opinion of the Court

Per Curiam:•

The judgment is affirmed upon the first ground set forth in the opinion of the Court of Claims with respect 'to investment expenses, the views expressed on the second question considered by the Court of Claims as to the right of deduction on account of insurance reserves not being an essential basis for the judgment and being contrary to Helvering v. Oregon Mutual Life Insurance Co., ante, p. 267.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.