General Electric Company v. USA
Case Number:
3:14-cv-00190
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February 06, 2017
Gov't Settles GE Tax Fight Over $455M Loss On Co. Sale
The federal government will pay General Electric Co. an undisclosed amount to settle the company's bid for an Internal Revenue Service tax refund on a $455 million loss on the sale of a life insurance subsidiary, according to a settlement stipulation filed Monday in Connecticut federal court.
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March 17, 2016
GE Wants Tax Refund On $455M Loss On Insurance Co. Sale
General Electric Co. told a Connecticut federal court Wednesday that it is entitled to a tax refund from the Internal Revenue Service on a $455 million loss on the sale of a life insurance subsidiary, saying the agency had no grounds for disallowing the loss.
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September 15, 2015
Most GE Docs Ruled Protected In $658M Tax Fight
A Connecticut federal judge ruled Tuesday that General Electric Co. properly asserted attorney-client privilege for most of nearly 9,000 disputed documents in a $658 million tax refund lawsuit centered on an insurance subsidiary, discounting the IRS' assertions that public information disclosed in those documents mooted a claim to privilege from discovery.
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September 01, 2015
GE Says IRS Took Too Long To Seek Info In $658M Tax Fight
General Electric Co. blasted the U.S. government Monday in a $658 million tax refund lawsuit, saying the government's attempts to obtain information on thousands of documents related to a subsidiary insurer's sell-off that GE considers privileged are too late considering the deadline for document discovery is Tuesday.
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July 23, 2015
Davis Polk Can Screen Cahill Docs In GE's $660M Tax Row
Ethical obligations do not restrict Davis Polk & Wardwell LLP and General Electric Co., the firm's client in a $658 million tax dispute, from deciding which documents a third party and former GE counsel at Cahill Gordon & Reindel LLP produce in response to a government subpoena, a Connecticut federal judge ruled Wednesday.
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February 14, 2014
GE Says IRS Overtaxed By Disallowing $2B Restructuring Loss
General Electric Co. is claiming it overpaid its 2000 taxes by $658 million after the Internal Revenue Service blocked its attempt to declare a capital loss of $2.2 billion, according to a complaint filed Friday in Connecticut federal court.