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In the context of the insolvencies of banks and their holding companies, one highly litigated issue has been the ownership of tax refunds that result from losses suffered by the bank.
In the context of the insolvencies of banks and their holding
companies, one highly litigated issue has been the ownership of tax
refunds that result from losses suffered by the bank. While early
in 2013 the issue may have seemed fairly settled, two Eleventh
Circuit decisions have left the direction of the law on this issue
uncertain.
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