{"argument_date":"2001-03-26T00:00:00Z","arguments":[{"argument_date":"2001-03-26T00:00:00Z","heading":"What happened at the argument","official_detail_url":"https://www.supremecourt.gov/oral_arguments/argument_transcript/2000","official_transcript_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","paragraphs":["Eric Fox argued the product liability loss is a subset of the net operating loss.","Fox cited the district court's finding on page 36A of Appendix B.","Fox noted legislative history shows concern about delayed product liability suits.","Fox explained products might generate income before liability claims arise years later."],"reargument":false,"sequence":1,"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 23, lines 3-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 23, lines 3-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 17-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 5-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 5-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 47, lines 1-9","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 47, lines 1-9"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 5-47","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 5, lines 5-47"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 50, lines 11-39","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 50, lines 11-39"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 51, lines 41-58","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 51, lines 41-58"}]}],"caption":"United Dominion Industries, Inc. v. United States","case_history":[{"changed_at":"2026-08-29T20:06:33.292288Z","explanation":"An official oral-argument transcript was verified.","status":"argued"},{"changed_at":"2026-08-29T20:06:33.309221Z","explanation":"An official oral-argument transcript was verified.","status":"argued"}],"case_status":"argued","dek":"The dispute centers on whether a product liability loss counts as a net operating loss for tax purposes.","dek_sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 23, lines 3-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 23, lines 3-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 17-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 47, lines 1-9","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 47, lines 1-9"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 5-47","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 5, lines 5-47"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 50, lines 11-39","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 50, lines 11-39"}],"dispositions":[],"latest_court_document_date":"2001-03-26T00:00:00Z","maturity":"official_transcript","official_detail_url":"https://www.supremecourt.gov/oral_arguments/argument_transcript/2000","official_disposition_urls":[],"official_docket_url":"https://www.supremecourt.gov/docket/docketfiles/html/public/00-157.html","primary_docket":"00-157","revisions":[{"correction_note":"Rewritten to the concise citizen-facing editorial standard.","created_at":"2026-08-31T17:59:06.724468Z","maturity":"official_transcript","revision_number":1},{"correction_note":"Migrated to the dated official Court activity contract without model use.","created_at":"2026-09-05T03:22:24Z","maturity":"official_transcript","revision_number":2}],"schema_version":"1.1","sections":[{"heading":"What this case is about","paragraphs":["United Dominion Industries seeks to treat a product liability loss as a net operating loss. The United States opposes this classification. The case tests the scope of tax loss deductions."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 23, lines 3-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 23, lines 3-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 17-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 47, lines 1-9","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 47, lines 1-9"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 5-47","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 5, lines 5-47"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 50, lines 11-39","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 50, lines 11-39"}]},{"heading":"How the case got here","paragraphs":["The Supreme Court heard oral argument in this case on March 26, 2001."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 5-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 5-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 51, lines 41-58","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 51, lines 41-58"}]},{"heading":"What each side wants","paragraphs":["United Dominion Industries wants the Court to allow the product liability loss to offset income from a different year.","The United States wants the Court to deny the offset and uphold the tax assessment."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 23, lines 3-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 23, lines 3-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 17-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 47, lines 1-9","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 47, lines 1-9"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 5-47","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 5, lines 5-47"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 50, lines 11-39","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 50, lines 11-39"}]},{"heading":"What each side says","paragraphs":["United Dominion Industries argues the loss is a subset of the net operating loss under the tax code.","The United States argues the loss cannot be claimed on a separate return by the involved corporations."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 23, lines 3-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 23, lines 3-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 17-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 47, lines 1-9","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 47, lines 1-9"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 5-47","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 5, lines 5-47"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 50, lines 11-39","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 50, lines 11-39"}]},{"heading":"What the justices asked","paragraphs":["Chief Justice Rehnquist asked if the case is submitted after the arguments concluded."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 51, lines 41-58","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 51, lines 41-58"}]},{"heading":"Why it matters","paragraphs":["This case defines how businesses calculate taxable income. It determines whether delayed liability claims reduce current tax bills. The outcome shapes corporate tax planning strategies nationwide."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 23, lines 3-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 23, lines 3-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 17-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 47, lines 1-9","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 47, lines 1-9"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 5-47","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 5, lines 5-47"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 50, lines 11-39","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 50, lines 11-39"}]},{"heading":"What happens next","paragraphs":["This article currently covers the argument record. Use the official docket link for later case activity."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 5-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 5-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 51, lines 41-58","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 51, lines 41-58"}]}],"slug":"2000-00-157-united-dominion-industries-inc-v-united-states","term":"2000","title":"Can a product liability loss offset income from a different year?","title_sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 23, lines 3-37","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 23, lines 3-37"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 17-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 3, lines 17-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 47, lines 1-9","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 47, lines 1-9"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 5-47","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 5, lines 5-47"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 50, lines 11-39","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2000/00-157.pdf","page_label":"file page 50, lines 11-39"}],"topics":[],"undated_disposition_date_fallback":null,"updated_at":"2026-09-05T03:22:24Z"}