Giuliano v. FDIC (In re Downey Fin. Corp.)

Ruling: 
Tax refund issued to debtor bank holding company was property of the estate.
Issue: 
Whether a tax refund the IRS issued to a bank holding company that had declared chapter 7 bankruptcy was property of the company's bankruptcy estate or had to be shared with a non-debtor subsidiary bank the FDIC had placed into receivership.
ABI Membership is required to access the full summary of Giuliano v. FDIC (In re Downey Fin. Corp.). Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on October 08,2013, LexisNexis #1013-124