Hanlon-Waters, Inc. v. United States

FAHY, Circuit Judge.

This is a renegotiation case. Petitioner appeals from a judgment of the Tax Court, Hanlon-Waters, Inc., v. United States, 20 T.C. 537, holding that it had realized excessive profits for the year ended December 31, 1943, of which a balance of $804,523.20 remained due to the United States. We delayed decision because of the pendency of United States v. California Eastern Line, Inc., 348 U.S. 351, 75 S.Ct. 419, 421, involving our jurisdiction in such cases. The Supreme Court there held that a decision of the Tax Court that a particular contract is not renegotiable is within…