In the context of the insolvencies of banks and their holding companies, one highly litigated issue has been the ownership of tax refunds that result from losses suffered by the bank. While early in 2013 the issue may have seemed fairly settled, two Eleventh Circuit decisions have left the direction of the law on this issue uncertain.

Please click here to view the full text of this article.

Originally published on Bankruptcy Law360.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.