Hoosier Energy Rural Electric Cooperative, Inc. v. John Hancock Life Insurance

U.S. Court of Appeals, Seventh Circuit · Decided 2009-09-17

Cited by 113 later decision(s) in our corpus · see the citation network in Lexace

From the opinion

EASTERBROOK, Chief Judge. Hoosier Energy, a co-op, had depreciation deductions that it could not use. John Hancock Life Insurance Co. had income exceeding its available deductions. The two engaged in a transaction designed to move Hoosier Energy’s deductions to John Hancock. They entered into a leveraged lease: John Hancock paid Hoosier Energy $300 million for a 63-year lease of a…

Read the full opinion (source) ↗

Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Citation figures are counts of later citing opinions in our corpus and may be incomplete; always read and Shepardize the full opinion before relying on it.