NC Fed. Court Denies Refund After Co. Used Wrong Tax Form

Law360, New York (March 5, 2014, 3:39 PM EST) -- A North Carolina federal district court on Wednesday refused to hear now-bankrupt furniture giant DeCoro USA Ltd.'s plea for a $560,000 tax carryback refund, agreeing with a bankruptcy court that the company's failure to file the correct tax form tanked the refund request.

U.S. District Court for the Middle District of North Carolina's Chief Judge William L. Osteen Jr. said the bankruptcy court was correct in ruling that it lacked jurisdiction to award DeCoro more than $500,000 in tax refunds, finding that Form 1139 — an...
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Case Information

Case Title

DECORO USA LTD. v. UNITED STATES INTERNAL REVENUE SERVICE


Case Number

1:13-cv-00500

Court

North Carolina Middle

Nature of Suit

Bankruptcy Appeal (801)

Judge

WILLIAM L. OSTEEN JR.

Date Filed

June 24, 2013

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