Court of Appeals for the Seventh Circuit August 18, 1999, 98-2970 (L&c Springs Associates, Century Capital Corporation, and Tax Matters Partner v. Commissioner of Internal Revenue)

188 F.3d 866 (7th Cir. 1999) L&C SPRINGS ASSOCIATES, CENTURY CAPITAL CORPORATION, and TAX MATTERS PARTNER, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee. No. 98-2970 United States Court of Appeals, Seventh Circuit Argued March 30, 1999 Decided August 18, 1999 Appeal from the United States Tax Court No. 11969-94--Stephen J. Swift, Judge.