Pine Products Corp. v. United States

OPINION

WIESE, Judge.

The Federal Timber Contract Payment Modification Act (“the Act”), 16 U.S.C. § 618 (Supp.III 1985), permits holders of certain contracts for the purchase and log*12ging of federal timber to be released from a portion of their contract obligation upon payment to the Government of a buy-out charge. In 1985, Pine Products Corporation, plaintiff here, was a 50-percent participant in a joint venture that was granted relief under the terms of the Act. In the present action, Pine Products seeks a partial refund of the buy-out charge that the joint venture paid to the Government, the…