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the Laney Proprietorship, filed for relief under chapter 7 of the
Bankruptcy Code. On July 24, 1984, Laney was granted a discharge
under chapter 7 which, among other matters, discharged the
$75,000 foreclosure deficiency judgment.
On February 25, 1992, Laney filed a motion to reopen the
Court of Claims suit that he had previously dismissed. This
motion was denied on June 18, 1992. Laney v. United States, 26
Cl. Ct. 318 (1992).
Tax Returns
Petitioners did not attach Schedules C to their tax returns
for 1977 through 1982. See infra table 2 note 1. On the
Schedules C attached to their tax returns for 1983 through 1988,
petitioners showed the business name as the Laney Proprietorship
and the main business activity as “Consulting & Primate Farm”.
Table 1 summarizes information appearing on the Schedules C
attached to petitioners’ tax returns for 1983 through 1988.
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