Court Approves Winstar Plaintiff’s Tax Gross Up Calculation

Business Valuation UpdateVol. 21 No. 12
Legal and Court Case Update
December 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
August 31, 2015
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.”

See Also

Anchor Savings Bank v. United States

Full Text of Court Cases
August 31, 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:
Business Valuation UpdateVol. 21 No. 12
The Comprehensive Guide to Economic Damages, Seventh Edition