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UNITED STATES v. UNITED DRILL & TOOL CORP.

Nos. 10154, 10155.

183 F.2d 998 (1950)

UNITED STATES et al. v. UNITED DRILL & TOOL CORP. UNITED DRILL & TOOL CORP. v. UNITED STATES et al.

United States Court of Appeals District of Columbia Circuit.

Decided July 24, 1950.

Attorney(s) appearing for the Case

Mr. Julian R. Wilheim, Attorney, Department of Justice, with whom Assistant Attorney General H. G. Morison, Mr. George Morris Fay, United States Attorney, and Mr. L. Clark Ewing, Assistant United States Attorney, were on the brief, for the United States. Mr. Newell A. Clapp, Attorney, Department of Justice, Washington, D. C., also entered an appearance for the United States.

Mr. William M. Aiken, Washington, D. C., with whom Mr. Herbert Silvers, Washington, D. C., was on the brief, for United Drill and Tool Corporation.

Before EDGERTON, PRETTYMAN and FAHY, Circuit Judges.

PRETTYMAN, Circuit Judge.

These are cross-appeals from a judgment of the United States District Court for the District of Columbia allowing interest at 4 per cent per annum on an obligaton due the United States.

The Secretary of War, pursuant to the Renegotiation Act of 1942,1 determined that United Drill and Tool Corporation had realized excessive profits from war contracts with the United...

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