Opinion ID: 728862
Heading Depth: 1
Heading Rank: 3

Heading: Whether the Coppola corporations are alter egos of the Coppolas

Text: 11 Taxpayers argue that the District Court erred in granting summary judgment to the United States on the issue of whether the corporations that owned the seized property were alter egos of the Coppolas. In support of its motion for summary judgment, the Government filed a Rule 3(g) statement that included facts showing that the corporations were undercapitalized, that taxpayers used corporate funds for personal expenses, and that transactions between taxpayers and the corporations were not arms' length. The District Court properly concluded that, based on the factors described in Wm. Passalacqua Builders, Inc. v. Resnick Developers South, Inc., 933 F.2d 131, 139 (2d Cir.1991), for determining whether to pierce the corporate veil, the Government adequately demonstrated that the corporations were the alter egos of the taxpayers.