Legal Opinion
United States v. Corbetta
District Court, S.D. New York
Decided March 9, 1951PublishedCited by 3 opinions
1Opinion of the Court
RYAN, District Judge.
On December 27, 1950, summary judgment was granted in favor of the United States on its claim for excessive profits earned by defendants, under the Renegotiation Act as amended, 50 U.S.C.A.Appendix, § 1191. D.C., 96 F.Supp. 22. The entry of an order directing docketing of judgment in the sum found due is now opposed by defendants on the ground that it includes interest at six percent per annum, which rate defendants contend is excessive.
The Act does not provide the rate of interest payable and its allowance and rate are discretionary. United States v. Bonnell, 9 Cir., 180…
2Cases cited4 opinions
- Lichter v. United StatesSupreme Court of the United States · 1948
- United States v. Bonnell Bonnell v. United StatesCourt of Appeals for the Ninth Circuit · 1950
- Sampson Motors, Inc. v. United StatesCourt of Appeals for the Ninth Circuit · 1948
- United States v. CorbettaDistrict Court, S.D. New York · 1950
3Cited by3 opinions
- Ring Const. Corp. v. United States United States v. Ring Const. CorpCourt of Appeals for the Eighth Circuit · 1954
- United States v. Ring Const. Co.District Court, D. Minnesota · 1953
- United States v. Edward Valves, Inc.District Court, N.D. Indiana · 1951