Curr-Spec Partners, LP, Curr-Spec Managers, LLC, Tax Matters Partner - Page 11




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               The granting or denial of an opportunity to amend a pleading           
          is within the discretion of the trial court.  See Foman v. Davis,           
          supra at 182.  The Court of Appeals for the Fifth Circuit has               
          held, however, that rule 15(a) of the Federal Rules of Civil                
          Procedure “severely restricts” the trial court’s discretion and             
          “evinces a bias in favor of granting leave to amend.”  Dussouy v.           
          Gulf Coast Inv. Corp., 660 F.2d 594, 597 (5th Cir. 1981).  Unless           
          there is a substantial reason to deny leave to amend, the                   
          discretion of the trial court is not broad enough to permit                 
          denial.  Id. at 598.  “The types of reasons that might justify              
          denial of permission to amend a pleading include undue delay, bad           
          faith or dilatory motive on the part of the movant, repeated                
          failure to cure deficiencies by amendments previously allowed,              
          and undue prejudice to the opposing party.”  Id. (citations                 
          omitted); see also Pinson v. Commissioner, T.C. Memo. 2000-393.             
               Respondent argues that we should deny petitioner’s motion              
          because of undue delay, noting that the motion was filed                    
          approximately 11 months after the amended petition was filed.               
          See supra note 4.  Unless the delay is excessive, however, mere             
          passage of time need not result in refusal of leave to amend.               
          Dussouy v. Gulf Coast Inv. Corp., supra (reversing denial of                
          motion for leave to amend filed 41 days after a party was                   
          dismissed from the case); cf. Russo v. Commissioner, 98 T.C. 28             








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