- 11 U.S.C.
In re BearingPoint Inc.
Nov
05
2010
Ruling
Indonesian tax claims disallowed due to application of the "Revenue Rule."
Procedural posture
In this contested matter in the chapter 11 cases of the reorganized debtor and its affiliates, the Liquidating Trustee moved to disallow two claims filed by the Republic of Indonesia (claimant), in the amounts of approximately $389,000 and $3.5 million, respectively. The claimant filed two proofs of claim to recover on taxes allegedly owed by a nondebtor subsidiary of debtor.
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Court
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