U.S. v. CONOCOPHILLIPS CO.

No. 12-5170.

744 F.3d 1199 (2014)

UNITED STATES of America, Plaintiff-Counter-Defendant-Appellee, v. CONOCOPHILLIPS COMPANY, Defendant-Counter-Claimant-Appellant.

United States Court of Appeals, Tenth Circuit.

March 12, 2014.


Attorney(s) appearing for the Case

Andrew M. Weiner , Attorney, Tax Division ( Kathryn Keneally , Assistant Attorney General; Tamara W. Ashford , Principal Deputy Assistant Attorney General; Gilbert S. Rothenberg , Attorney, Tax Division; Teresa E. McLaughlin , Attorney, Tax Division; and Danny C. Williams , United States Attorney, on the briefs), Department of Justice, Washington, D.C., for Plaintiff-Counter-Defendant, Appellee.

Stephen Gardner , Cooley LLP, New York, NY ( Kathleen Pakenham , Cooley LLP, New York, NY; and Richard Noulles , Gable-Gotwals, Tulsa, OK, on the briefs) for Defendant-Counter-Claimant, Appellant.

Before LUCERO, MURPHY, and BACHARACH, Circuit Judges.


BACHARACH, Circuit Judge.

In the 1970s and 1980s, the Internal Revenue Service was embroiled in a tax dispute with multiple companies (including Phillips Petroleum Company and Arco Transportation Alaska, Inc.1) that had jointly developed a pipeline system. The parties agreed to settle the dispute through a closing agreement. After entering the agreement, Phillips Petroleum Company (now ConocoPhillips Company2

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