SALEM FINANCIAL, INC. v. U.S.

No. 2014-5027.

786 F.3d 932 (2015)

SALEM FINANCIAL, INC., as Successor-in-Interest to Branch Investments LLC, Plaintiff-Appellant v. UNITED STATES, Defendant-Appellee.

United States Court of Appeals, Federal Circuit.

May 14, 2015.


Attorney(s) appearing for the Case

Rajiv Madan, Skadden, Arps, Slate, Meagher & Flom LLP, Washington, DC, argued for plaintiff-appellant. Also represented by Christopher Paul Bowers,   Royce Tidwell,   Christopher Patrick Murphy,   Nathan P. Wacker; Matthew James Dowd,   Scott M. McCaleb, Wiley Rein, LLP, Washington, DC.

Judith Ann Hagley, Tax Division, United States Department of Justice, Washington, DC, argued for defendant-appellee. Also represented by Tamara W. Ashford,   Gilbert Steven Rothenberg,   Richard Farber.

Before O'MALLEY, BRYSON, and HUGHES, Circuit Judges.


Salem Financial, Inc., a subsidiary of Branch Banking & Trust Corporation ("BB & T"), challenges a final judgment of the Court of Federal Claims denying BB & T's claim for a refund of taxes, interest, and penalties. We affirm in part, reverse in part, and remand for further proceedings.

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