Legal Opinion

United States v. United Drill & Tool Corp. United Drill & Tool Corp. v. United States

Court of Appeals for the D.C. Circuit

Decided July 24, 1950No. 10154, 10155PublishedCited by 43 opinions

1Opinion of the Court

FRETTYMAN, Circuit Judge.

These are cross-appeals from a judgment of the United States District Court for the District of Columbia allowing interest at 4 per cent per annum on an obligaton due the United States.

The Secretary of War, pursuant to the Renegotiation Act of 1942, 1 determined that United Drill and Tool Corporation had realized excessive profits from war contracts with the United States and on May S, 1945, entered a unilateral determination of such profits in the net amount of $646,-845.44. The sole controversy in the case concerns interest on that obligation.

The Renegotiation Act…

2Cases cited15 opinions

  1. Brooklyn Savings Bank v. O'NeilSupreme Court of the United States · 1945
  2. Board of Comm'rs of Jackson Cty. v. United StatesSupreme Court of the United States · 1939
  3. Lichter v. United StatesSupreme Court of the United States · 1948
  4. Billings v. United StatesSupreme Court of the United States · 1914
  5. Royal Indemnity Co. v. United StatesSupreme Court of the United States · 1941

10 more not listed; retrieve them via the Exa API.

3Cited by43 opinions

  1. Riggs National Bank of Washington, D.C. v. District of ColumbiaDistrict of Columbia Court of Appeals · 1990
  2. George Eric Rosden v. A. LeutholdCourt of Appeals for the D.C. Circuit · 1960
  3. United States v. Michael Schiavone & Sons, Inc.Court of Appeals for the First Circuit · 1971
  4. Speed v. Transamerica CorporationDistrict Court, D. Delaware · 1955
  5. Washington Gas Light Co. v. Baker. Public Utilities Commission of District of Columbia v. Baker. Case v. BakerCourt of Appeals for the D.C. Circuit · 1951

38 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API