Exxon Corp. v. United States

OPINION

SMITH, Chief Judge.

This case returns to this court following the reversal and remand of former Chief Judge Kozinski’s decision by the Court of Appeals for the Federal Circuit. That decision disallowed plaintiff’s claim for a bad debt deduction of $27,397,440. In order to determine whether further proceedings were necessary to resolve this case or whether judgment should simply be entered in favor of plaintiff, each side was requested to file a memorandum.

Plaintiff contends that it should be awarded its bad debt deduction claim and various other settled claims without further…