Hutchens v. Commissioner
The marketability discount issue in this case arose in connection with the question of whether the common stock decedent and his wife surrendered in a recapitalization of their family-owned corporation was worth more than the preferred stock they received, thus resulting in taxable gifts.
Estate of Newhouse v. Commissioner of Internal Revenue
The case addressed conflicting corporate law interpretations regarding the rights of shareholders of a closely held corporation, and analyzed the potential for litigation between shareholders, as a valuation factor, under the willing buyer / willing seller standard.
Estate of Yeager v. Commissioner
Issues were fair market value of common and Class B preferred stock and whether certain corporate stock was the separate property of the decedent's surviving spouse.