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FREDA v. COMMISSIONER OF INTERNAL REVENUE

No. 10-1555.

656 F.3d 570 (2011)

Joseph A. FREDA, et al, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided August 26, 2011.

Attorney(s) appearing for the Case

Jenny Louise Johnson (argued), Attorney, Holland & Knight, Chicago, IL, for Petitioners-Appellants.

Andrew M. Weiner , Attorney, Department of Justice, Tax Division, Appellate Section, Washington, DC, for Respondent-Appellee.

Before FLAUM, MANION, and TINDER, Circuit Judges.

TINDER, Circuit Judge.

Sausage manufacturer C & F Packing Co., Inc., brought a variety of claims against its former business partner, Pizza Hut, Inc., in 1993. After a trial, a trip to the United States Court of Appeals for the Federal Circuit, and a lot of legal wrangling, C & F agreed in 2002 to drop its last remaining claim, trade secret misappropriation, in exchange for a $15.3 million payment from Pizza Hut....

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