WMI Holdings Corp. v. US
Case Number:
17-1944
Court:
Nature of Suit:
Companies
Government Agencies
Sectors & Industries:
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June 04, 2018
Fed. Circ. Affirms Nixing Of $250M Tax Refund In Thrift Deals
A mortgage company's appeal to score more than $250 million in tax refunds failed Monday when the Federal Circuit ruled that the company had not reliably estimated the value of assets for which it was trying to claim deductions.
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May 02, 2018
$500M In Failed Assets Deductible, Lender Tells Fed. Circ.
A mortgage company argued before the Federal Circuit on Wednesday that because it acquired other failing savings-and-loans banks, it should be able to make deductions associated with those purchases, which would total more than $500 million.