CIT Group Inc.

  1. December 20, 2013

    CIT To Pay $60M To Settle Tyco Tax-Agreement Feud

    CIT Group Inc. will pay ex-owner Tyco International Ltd. $60 million to settle their feud over a tax agreement the pair entered in 2002 stemming from Tyco's sale of all of its CIT shares in a public offering, CIT said in a U.S. Securities and Exchange Commission filing Friday.

  2. February 14, 2012

    CIT Renews Push To Stay $190M Tyco Tax Claim Amid Appeal

    CIT Group Inc. and Tyco International Ltd. on Tuesday continued to war over whether Tyco's $190 million tax claim against the reorganized business lender should be arbitrated, with a New York bankruptcy judge refusing to rule just yet.

  3. January 23, 2012

    Tyco Accuses CIT Of Dragging Feet On $190M Tax Claim

    Tyco International Ltd. moved Friday to compel arbitration with reorganized business lender CIT Group Inc., saying that although a judge ruled for Tyco on a $190 million claim in a tax benefits dispute, CIT continues to fight arbitration.

  4. December 22, 2011

    Tyco Prevails In Fight With CIT Over $190M Claim

    Tyco International Ltd. on Wednesday won the dismissal of a lawsuit brought by reorganized business lender CIT Group Inc., which had been seeking to wipe out a $190 million claim filed by its former parent company Tyco stemming from a dispute over a tax benefit agreement.

  5. November 07, 2011

    CIT Pushes For An End To Tyco's Suit Over $794M Tax Deal

    Recently reorganized business lender CIT Group Inc. on Monday asked a New York bankruptcy judge to kill a lawsuit its former parent, Tyco International Ltd., brought over a $794 million tax agreement, saying the suit seeks an unfair payday.