United States v. Rockland Steamship Corp.

PEINBERG, District Judge.

The Government has filed two separate complaints under the Renegotiation Act, 50 U.S.C.App. §§ 1211-1233 (sometimes referred to herein as “the Act”), to recover excess profits from defendants Rockland Steamship Corporation (“Rock-land”) and Kingston Steamship Corporation (“Kingston”). Defendants’ ships transported goods for the Armed Services pursuant to contracts with the Department of the Navy. Subsequently, renegotiation proceedings were conducted under the Act, and the Renegotiation Board finally determined that defendant Rockland realized excess profits of…