Quantcast
Bloomberg News
HANDS OFF: An appeals court in California said the bankruptcy trustee for IndyMac's parent company, and not the FDIC, owns the rights to control $55 million in tax refunds that were awarded to the failed mortgage lender.

FDIC Loses Appeal Over IndyMac Tax Refunds

Three appeals court judges in California sided with lower court decisions that $55 million in tax-related benefits should stay with the bankruptcy estate of IndyMac's parent company.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.