{"argument_date":"2008-03-26T00:00:00Z","arguments":[{"argument_date":"2008-03-26T00:00:00Z","heading":"What happened at the argument","official_detail_url":"https://www.supremecourt.gov/oral_arguments/argument_transcript/2007","official_transcript_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","paragraphs":["Mr. Makar argued the exemption applies to post-confirmation transfers.","Mr. Brunstad argued cash scarcity makes pre-confirmation transfers critical.","justice_breyer_questioned_the_impact_of_unconfirmed_plans_on_tax_liability.","justice_breyer_probed_the_relevance_of_transfer_timing_relative_to_confirmation."],"reargument":false,"sequence":1,"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 27, lines 3-7","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 27, lines 3-7"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 19-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 19-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 7-17","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 7-17"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 17-21","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 17-21"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 33-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 33-45"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 51-11","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 51-11"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 25-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 5, lines 25-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 57, lines 41-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 57, lines 41-45"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 58, lines 47-49","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 58, lines 47-49"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 6, lines 7-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 6, lines 7-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 13-29","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 13-29"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 33-35","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 33-35"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 39-41","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 39-41"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 43-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 43-45"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 13-23","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 13-23"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 29-33","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 29-33"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 39-43","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 39-43"}]}],"caption":"Florida Dept. of Revenue v. Piccadilly Cafeterias, Inc.","case_history":[{"changed_at":"2026-08-29T20:06:27.323669Z","explanation":"An official oral-argument transcript was verified.","status":"argued"},{"changed_at":"2026-08-29T20:06:27.356004Z","explanation":"An official oral-argument transcript was verified.","status":"argued"}],"case_status":"argued","dek":"Florida and Piccadilly Cafeterias dispute whether the tax exemption applies to transfers made before a bankruptcy plan confirms.","dek_sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 27, lines 3-7","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 27, lines 3-7"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 19-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 19-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 57, lines 41-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 57, lines 41-45"}],"dispositions":[],"latest_court_document_date":"2008-03-26T00:00:00Z","maturity":"official_transcript","official_detail_url":"https://www.supremecourt.gov/oral_arguments/argument_transcript/2007","official_disposition_urls":[],"official_docket_url":"https://www.supremecourt.gov/docket/docketfiles/html/public/07-312.html","primary_docket":"07-312","revisions":[{"correction_note":"Rewritten to the concise citizen-facing editorial standard.","created_at":"2026-08-31T03:37:21.943763Z","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":["The case tests the scope of a federal tax exemption in bankruptcy. The dispute centers on the timing of asset transfers relative to plan confirmation."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 27, lines 3-7","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 27, lines 3-7"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 19-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 19-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 57, lines 41-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 57, lines 41-45"}]},{"heading":"How the case got here","paragraphs":["The Supreme Court heard oral argument in this case on March 26, 2008."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 7-17","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 7-17"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 58, lines 47-49","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 58, lines 47-49"}]},{"heading":"What each side wants","paragraphs":["Florida wants the tax exemption to apply only to transfers after plan confirmation.","Piccadilly wants the tax exemption to cover transfers made before plan confirmation."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 27, lines 3-7","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 27, lines 3-7"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 19-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 19-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 57, lines 41-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 57, lines 41-45"}]},{"heading":"What each side says","paragraphs":["Florida argues the statute naturally exempts only post-confirmation transfers.","Piccadilly argues the exemption covers transfers occurring before confirmation."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 27, lines 3-7","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 27, lines 3-7"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 19-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 19-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 57, lines 41-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 57, lines 41-45"}]},{"heading":"What the justices asked","paragraphs":["Justice Breyer asked if the tax remains valid if a plan never confirms.","Justice Breyer asked whether the transfer timing relative to confirmation matters."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 17-21","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 17-21"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 33-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 33-45"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 51-11","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 51-11"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 25-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 5, lines 25-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 58, lines 47-49","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 58, lines 47-49"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 6, lines 7-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 6, lines 7-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 13-29","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 13-29"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 33-35","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 33-35"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 39-41","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 39-41"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 43-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 43-45"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 13-23","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 13-23"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 29-33","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 29-33"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 39-43","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 39-43"}]},{"heading":"Why it matters","paragraphs":["The outcome defines the tax burden for businesses restructuring under bankruptcy law. It clarifies when asset transfers trigger stamp taxes. This affects the financial viability of many Chapter 11 cases."],"sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 27, lines 3-7","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 27, lines 3-7"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 19-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 19-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 57, lines 41-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 57, lines 41-45"}]},{"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 7-17","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 7-17"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 17-21","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 17-21"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 33-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 33-45"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 4, lines 51-11","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 4, lines 51-11"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 5, lines 25-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 5, lines 25-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 58, lines 47-49","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 58, lines 47-49"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 6, lines 7-3","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 6, lines 7-3"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 13-29","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 13-29"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 33-35","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 33-35"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 39-41","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 39-41"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 7, lines 43-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 7, lines 43-45"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 13-23","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 13-23"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 29-33","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 29-33"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 8, lines 39-43","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 8, lines 39-43"}]}],"slug":"2007-07-312-florida-dept-of-revenue-v-piccadilly-cafeterias-inc","term":"2007","title":"Does the bankruptcy stamp tax exemption cover pre-confirmation transfers?","title_sources":[{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 27, lines 3-7","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 27, lines 3-7"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 3, lines 19-15","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 3, lines 19-15"},{"evidence_type":"Transcript","label":"Official Supreme Court Transcript — file page 57, lines 41-45","official_url":"https://www.supremecourt.gov/pdfs/transcripts/2007/07-312.pdf","page_label":"file page 57, lines 41-45"}],"topics":[],"undated_disposition_date_fallback":null,"updated_at":"2026-09-05T03:22:24Z"}