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WRANGLER APPAREL CORP. v. U.S.

No. 2:94cv481.

931 F.Supp. 420 (1996)

WRANGLER APPAREL CORP., Plaintiff, v. The UNITED STATES of America, Defendant.

United States District Court, M.D. North Carolina, Greensboro Division.

July 22, 1996.

Attorney(s) appearing for the Case

Norwood Robinson, Winston-Salem, NC, Herbert O'Dell, Washington, DC, for plaintiff.

Donald Gavin, Washington, DC, Department of Justice, for defendant.

MEMORANDUM OPINION

BEATY, District Judge.

This matter is before the Court on Plaintiff and Defendant's Motions for Summary Judgment.

I. FACTUAL BACKGROUND

This is an action for a tax refund of $17,730,600 based upon an alleged "greenmail" payment made in connection with the purchase of common stock. Plaintiff, Wrangler Apparel Corp., merged with Blue Bell, Inc. ("Blue Bell") and has assumed Blue Bell's tax refund claim, though the events...

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