Bannercraft Clothing Co. v. United States

Court of Claims

Bannercraft Clothing Co. v. United States

518 F.2d 605, 225 Ct. Cl. 767, 1980 U.S. Ct. Cl. LEXIS 379

CourtUnited States Court of Claims

DecidedNovember 21, 1980

DocketNos. 354-74, 355-74, 131-76

StatusPublished

This text of 518 F.2d 605 (Bannercraft Clothing Co. v. United States) is published on Counsel Stack Legal Research, covering United States Court of Claims primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Bannercraft Clothing Co. v. United States, 518 F.2d 605, 225 Ct. Cl. 767, 1980 U.S. Ct. Cl. LEXIS 379 (cc 1980).

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Opinion

On November 21, 1980, based on a stipulation of the parties, the court ordered that for its fiscal years ended December 31, 1966, 1967 and 1968, plaintiff realized excessive profits in the amounts of $17,500, $845,000 and $17,500, respectively, less appropriate state and federal tax credits, if any, plus interest on the net amount of excessive profits due defendant at varying rates established by the Secretary of the Treasury from the date thereof and further ordered that defendant’s counterclaims are dismissed.

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On November 21, 1980, based on a stipulation of the parties, the court ordered that for its fiscal years ended December 31, 1966, 1967 and 1968, plaintiff realized excessive profits in the amounts of $17,500, $845,000 and $17,500, respectively, less appropriate state and federal tax credits, if any, plus interest on the net amount of excessive profits due defendant at varying rates established by the Secretary of the Treasury from the date thereof and further ordered that defendant’s counterclaims are dismissed.

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Bluebook (online)

518 F.2d 605, 225 Ct. Cl. 767, 1980 U.S. Ct. Cl. LEXIS 379, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bannercraft-clothing-co-v-united-states-cc-1980.