MSU College of Law News

NEWS RELEASE

FOR IMMEDIATE RELEASE

January 8, 2008

CONTACT: KATIE GALLAGHER
517/432-6848, galla145@law.msu.edu

ABA PREVIEW OF SUPREME COURT DECISION INCLUDES MSU LAW PROFESSOR’S ARTICLE

Professor Halloran’s Article on Boulware Published

East Lansing, MI – Michigan State University College of Law Clinical Professor Michele LaForest Halloran’s article “Does a Taxpayer Have the Burden of Showing Intent to Divert Corporate Funds as Return of Capital?,” which is based on the tax case, Boulware v United States, has been published in the American Bar Association’s (ABA) Supreme Court Preview Magazine.

Boulware is being argued before the U.S. Supreme Court today, and the Court will decide on the proper tax treatment of an individual shareholder when the shareholder diverts corporate funds for personal use.

The ABA publishes a Preview of the month’s Supreme Court decisions in order to provide the cases at a glance. Professor Halloran lays out Boulware in her article and provides insight into and analysis of the issue and facts of the case.

Professor Halloran is a clinical professor, director of clinical programs, and director of the MSU Law Tax Clinic at the Law College. The ABA Preview and “Does a Taxpayer Have the Burden of Showing Intent to Divert Corporate Funds as Return of Capital?” are distributed to media resources by the United States Supreme Court’s Clerk’s office, and also are available by subscription at www.abanet.org .

MSU College of Law was in founded in 1891 and is a private institution of higher learning devoted exclusively to professional education in law. The Law College is one of only a few private law schools to be affiliated with a research university, enabling it to provide a comprehensive interdisciplinary legal education program. Classes offered in its state-of-the-art facilities provide students the benefits of a Big Ten campus while maintaining the small school culture. The Law College is one of the oldest continuously operating independent law colleges in the nation. For more information about the Law College, visit www.law.msu.edu.

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