Anchor Savings Bank v. United States

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August 31, 2015

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6211 Security Brokers, Dealers, and Flotation Companies
523120 Securities Brokerage
winstar
damages, lost profits, fair market value (FMV), deduction
Anchor Savings Bank v. United States
2015 U.S. Claims LEXIS 1110
US
Federal Court
Federal
United States Court of Federal Claims
Unknown (plaintiff); unknown (defendant)
Block

Summary

Court finalizes damages award to Winstar bank by adopting plaintiff’s projected tax liability on damages related to government’s breach of contract and by ordering an additional gross up award “to make plaintiff whole.”
Anchor Savings Bank v. United States
PDF, Size: 188 KB

See Also

Court Approves Winstar Plaintiff’s Tax Gross Up Calculation

Legal and Court Case Update
December 2015

Court finalizes damages award to Winstar bank by adopting plaintiff’s projected tax liability on damages related to government’s breach of contract and by ordering an additional gross up award “to make plaintiff whole.”

This article also appears in:
The Comprehensive Guide to Economic Damages, Seventh Edition