IRS Anti-Inversion Rule That Sank Pfizer Deal Struck Down

By Vidya Kauri · October 1, 2017, 8:14 AM EDT

A Texas federal court on Friday invalidated the anti-inversion rule that sank a planned $160 billion merger between Pfizer Inc. and Irish counterpart Allergan PLC, saying it was unlawfully implemented without...

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Case Information

Case Title

Chamber of Commerce of the United States of America et al v. Internal Revenue Service et al

Case Number

1:16-cv-00944

Court

Texas Western

Nature of Suit

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

Date Filed

August 04, 2016