Legal Opinion
Solitron Devices, Inc. v. United States
United States Court of Claims
Decided March 29, 1989No. 133-75PublishedCited by 13 opinions
1Opinion of the Court
OPINION
RADER, Judge.
In 1975, the United States Renegotiation Board (Board) determined that Solitron Devices, Inc. (Solitron), had received $3,950,-000 in excess profits from 1967 to 1970. Later that year, Solitron requested this court’s predecessor to reexamine the excessive profits. This litigation ended in 1984 with a stipulation agreement. The parties agreed that Solitron would pay the United States $1,000,000 to cure the 1970 excesses. The parties agreed that Solitron would forfeit this amount without reduction for any tax credits.
Nonetheless plaintiff sought tax credits on the forfeiture…
2Cases cited24 opinions
- Ackermann v. United StatesSupreme Court of the United States · 1950
- Klapprott v. United StatesSupreme Court of the United States · 1949
- Seven Elves, Incorporated v. Jack S. Eskenazi, Esko Industries, Inc., Gary Liebman and Jack RibackCourt of Appeals for the Fifth Circuit · 1981
- Vick Griffin, D/B/A Griffin Construction Co. v. Swim-Tech Corporation, a Foreign CorporationCourt of Appeals for the Eleventh Circuit · 1984
- Sophie Radack and Charles Radack v. Norwegian America Line Agency, Inc., and Den Norske Amerikalinje, A/sCourt of Appeals for the Second Circuit · 1963
19 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Rupert v. Krautheimer (In Re Krautheimer)United States Bankruptcy Court, S.D. New York · 1997
- Buser v. United StatesUnited States Court of Federal Claims · 2009
- Stephanatos v. United StatesUnited States Court of Federal Claims · 2008
- Young v. United StatesUnited States Court of Federal Claims · 2004
- Freeman v. Secretary of Department of Health & Human ServicesUnited States Court of Federal Claims · 1996
8 more not listed; retrieve them via the Exa API.