NetBank Asks High Court To Review FDIC Tax Refund Dispute
By Matthew Villmer ( June 13, 2014, 6:46 PM EDT) -- Bankrupt Internet banking pioneer NetBank Inc. asked the U.S. Supreme Court on Wednesday to reverse an Eleventh Circuit ruling that forwarded a $5.7 million tax refund to the Federal Deposit Insurance Corp. instead of NetBank, arguing a tax-sharing agreement between the company and its subsidiary did not establish an agency relationship between them....
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