Applied Companies v. United States
Court of Appeals for the Federal Circuit
1Opinion of the Court
BRYSON, Circuit Judge.
This case concerns the law of setoffs. The dispute began when the government made two overpayments to Applied Companies, a government contractor. Applied agreed that it was obligated to repay the money, but instead of repaying it directly, Applied sought to set off the debt against obligations the government owed to it on other contracts. The government rejected Applied’s proposals and instead discharged Applied’s debt by setting it off against the amount the government had agreed to pay Applied pursuant to a termination settlement agreement on another contract. Applied…
2Cases cited13 opinions
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- United States v. Munsey Trust Co.Supreme Court of the United States · 1947
- Imperial Tobacco Limited, Assignee of Imperial Group Plc v. Philip Morris, IncorporatedCourt of Appeals for the Federal Circuit · 1990
- Central Bank v. United StatesSupreme Court of the United States · 1953
- Cecile Industries, Inc./ronald Lipshie, Trustee in Bankruptcy v. Dick Cheney, Secretary of DefenseCourt of Appeals for the Federal Circuit · 1993
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