WMI Holdings Corp. v. US

(United States Federal Circuit) – Affirming the US Court of Federal Claims dismissal of a company’s action seeking refunds for losses and deductions its predecessor company allegedly should have received for certain intangible assets acquired from the federal government in the 1980s because the court’s findings that the company failed to establish with a reasonable degree of certainty the cost basis in each of the assets at issue was not clearly erroneous.