Supreme Court of the United States, 1940

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)

Counsel

Mr. William Marshall Bullitt, with whom Mr. Walter E. Barton was on the brief, for petitioner. Mr. Arnold Baum, with whom Solicitor General Biddle, Assistant Attorney General Clark, and Messrs. Sewall Key, J. Louis Monarch, and Guy Patten were on the brief, for the United States.

Cases that cite this one

12 later published cases cite this decision. The 10 that cite it most often are listed here.

Principal Mutual Life Insurance Company v. The United States, Defendant/cross-Appellant (Fed. Cir. 1995)
Northwestern Mutual Life Insurance v. United States (Court of Claims 1985)
Liberty National Life Insurance Company, Cross-Appellant v. United States of America, Cross-Appellee (11th Cir. 1987)
Ohio National Life Insurance v. United States (Court of Claims 1986)
Liberty Life Insurance v. United States (4th Cir. 1979)
Jefferson Standard Life Insurance v. United States (4th Cir. 1969)
Victor A. Miller and Beatrice A. Miller v. Commissioner of Internal Revenue (10th Cir. 1960)
State Mutual Life Assurance Company of Worcester v. Commissioner of Internal Revenue (1st Cir. 1957)
Commissioner v. Lamont (2d Cir. 1946)
National Labor Relations Board v. Aluminum Goods Mfg. Co. (7th Cir. 1942)

This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.

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.