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Sovereign Bancorp Seeks To Recoup $234M In Taxes From IRS

By Drew Singer · November 26, 2013, 4:44 PM EST

In light of a Massachusetts federal judge's ruling that an international securities deal between banks contained economic substance, Sovereign Bancorp should be able to recoup $234 million in taxes assessed because...

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Documents

Memorandum in Support of Motion

Case Information

Case Title

Sovereign Bancorp, Inc. v. United States of America

Case Number

1:09-cv-11043

Court

Massachusetts

Nature of Suit

Taxes

Date Filed

June 17, 2009

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