STANDARD OIL COMPANY (NEW JERSEY) v. UNITED STATES


224 F.Supp. 913 (1963)

STANDARD OIL COMPANY (NEW JERSEY), Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court S. D. New York.

December 23, 1963.


Attorney(s) appearing for the Case

Davis, Polk, Wardwell, Sunderland, & Kiendl, New York City, for Standard Oil Co. of N. J.

Robert M. Morgenthau, U. S. Atty., S.D.N.Y., New York City, for United States.


RYAN, Chief Judge.

Defendant moves for summary judgment in this suit filed by the Standard Oil Company (New Jersey) for refund and recovery of $2,181,489.88, representing interest paid computed on consolidated excess profits taxes for the years 1943 and 1944, cancelled by an excess profit credit.

On the audit of the consolidated excess profits tax returns filed by Standard Oil and its affiliated companies for 1943...

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