Court Urged To Deny Bid To Block Captive Reporting Rules

By Anna Scott Farrell · September 9, 2025, 2:30 PM EDT

A Texas federal court should deny an injunction to a Texas plastics company seeking to stop the IRS from flagging microcaptive insurance plans as potentially abusive tax avoidance schemes, the U.S....

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Case Information

Case Title

Drake Plastics Ltd. Co. et al v. Internal Revenue Service et al

Case Number

4:25-cv-02570

Court

Texas Southern

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Date Filed

June 04, 2025