Simon E. Rodriguez, as Chapter 7 Trustee for the Bankruptcy Estate of United Western Bancorp, Inc., Petitioner v. Federal Deposit Insurance Corporation, as Receiver for United Western Bank

  1. July 02, 2020

    Top Federal Tax Decisions Of 2020: Midyear Report

    In the first six months of 2020, the U.S. Supreme Court addressed two long-standing precedents involving tax laws and struck one down in the process, while the U.S. Tax Court decided several cases involving the use of conservation easement deductions. Here, Law360 examines a few of the most important tax decisions in federal courts from the year's first half.

  2. February 25, 2020

    Justices Vacate $4M Tax Refund Award To Defunct Bank

    The U.S. Supreme Court vacated Tuesday the Tenth Circuit's awarding of a $4.1 million tax refund to the FDIC as receiver for a defunct bank, not the bankruptcy estate of its corporate parent, upending a decades-old federal common-law rule. 

  3. January 01, 2020

    Federal Tax Cases To Watch In 2020

    In the new year, the U.S. Supreme Court will decide whether President Donald Trump is immune from subpoenas for his financial documents, including his tax returns, as well as whether a bankrupt bank holding company or the FDIC is the owner of a tax refund. Here, Law360 explores important and interesting federal tax cases to watch in 2020.

  4. December 03, 2019

    Bank Merits $4.1M Refund Under Colo. Law, US Justices Told

    A bankrupt bank holding company told the U.S. Supreme Court on Tuesday that it should receive a $4.1 million refund because the Tenth Circuit made a mistake giving the money to its subsidiary by applying federal common law instead of Colorado law.

  5. December 02, 2019

    Justices' Bank Refund Analysis Likely To Have Limited Impact

    The U.S. Supreme Court on Tuesday will mull whether a $4.1 million tax refund belongs to a failed bank or its corporate parent, in a case that will likely have narrow ramifications due to a change in the tax law.

  6. November 15, 2019

    Bank Group's Bankruptcy Estate Gets Refund, Justices Told

    State agency law, not federal case law, applies in awarding a $4.1 million tax refund to the bankruptcy estate of a banking group rather than to its defunct subsidiary, the bankruptcy trustee has told the U.S. Supreme Court.

  7. October 18, 2019

    $4M Refund Belongs To Bank, Not Parent, FDIC Tells Justices

    A $4.1 million tax refund rightfully belongs to a failed Colorado-based bank, not the bankruptcy estate of its corporate parent, the bank's receiver, the Federal Deposit Insurance Corp., has told the U.S. Supreme Court.

  8. September 27, 2019

    4 Federal Tax Cases To Watch At The US Supreme Court

    From challenging 30-year precedent that requires small-business owners to turn over self-incriminating tax records to determining the ownership of tax refunds among affiliated groups, the U.S. Supreme Court’s fall docket contains many interesting cases involving federal tax law. Here, Law360 looks at four federal tax cases to watch in the upcoming term.

  9. September 16, 2019

    Justices Schedule Arguments In $4.1M Tax Refund Row

    The U.S. Supreme Court said it will hear arguments in December in a dispute over a $4.1 million tax refund and the proper allocation of refunds for bankrupt companies.

  10. August 30, 2019

    Bank Trustee Urges Justices To Examine Court's Refund Rule

    A trustee of a defunct bank holding company asked the U.S. Supreme Court on Friday to return a $4.1 million tax refund and resolve a circuit split for determining how tax refunds of bankrupt companies are allocated.