Tax Refunds Belong To Bank's Holding Company, Not FDIC, Judge Finds

Tax Refunds Belong To Bank's Holding Company, Not FDIC, Judge Finds

SAN DIEGO - The Federal Deposit Insurance Corp., as the receiver for the failed Imperial Capital Bank, is not entitled to $30 million in tax refunds, a federal judge in California ruled May 16, finding that the funds instead belong to the bank's holding ...read more