Hanlon-Waters, Inc. v. The United States

FAHY, Circuit Judge.

Petitioner, Hanlon-Waters, Inc., entered into a renegotiation agreement with the United States which we have previously held to be a final settlement of the petitioner’s excess profits for 1943 from three specified contracts. 1 The case, however, was remanded to the Tax Court for a determination whether the United States, through the Under Secretary of War or his duly authorized representative, exercised his discretion to reopen the renegotiation in accordance with the terms of Paragraph VI of the agreement. 2 The Tax Court, 25 T.C. 1146, held that the Division Engineer,…