Florida Progress Corp. v. United States

OPINION ON PETITION FOR REHEARING

Before BLACK, FAY and COX, Circuit Judges. PER CURIAM:

This court issued an unpublished opinion in this case affirming the district court’s decision, with a dissent. The appellant Florida Progress Corporation has petitioned for rehearing,’ asking in part that this court publish its opinion in order to provide guidance on the second issue Florida Progress raises — the immediate deduc-tibility of trenching costs. The petition is GRANTED to that extent we vacate our unpublished opinion and substitute the following opinion, for publication. The petition is…