Free Joint Status Report - District Court of Federal Claims - federal

Case 1:05-cv-01188-MBH

Document 37

Filed 02/08/2007

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IN THE UNITED STATES COURT OF FEDERAL CLAIMS __________________ No. 05-1188 T Judge Horn TEXTRON INC., Plaintiff, v. THE UNITED STATES, Defendant. __________________ JOINT STATUS REPORT __________________ The parties submit this joint status report pursuant to the Court's order, dated December 7, 2006, that the parties report the settlement status of the above-captioned case, including what remains to be done and the proposed dates. On January 8, 2007, the parties filed a joint status report wherein plaintiff informed the Court that it desires to have this matter resolved as soon as possible. Defendant informed the Court that it had received and was reviewing plaintiff's offer to compromise according to its normal procedures, and that the process would likely require about two month's time from that date. Defendant's trial attorney anticipates that final action on plaintiff's offer will be taken within that time frame, as previously reported. In an attempt to expedite final action on plaintiff's settlement offer, defendant's trial attorney has reported plaintiff's concerns to those personnel who possess the requisite settlement

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Case 1:05-cv-01188-MBH

Document 37

Filed 02/08/2007

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authority in this case. Those personnel have informed defendant's trial attorney that they are actively engaged in reviewing plaintiff's offer at this time. If the offer is accepted, then the defendant will instruct the IRS to process overpayments according to the agreement, and the parties will file a stipulation for dismissal under Rule 41(a). The parties do not know of any other information of which the Court should be aware at this time. Respectfully submitted,

s/Paul Kattas PAUL L. KATTAS JOSEPH A. BOYLE JACOB J. MILES Kelley Drye & Warren 101 Park Avenue New York, New York 10178 (212) 808-7800

s/Jacob Christensen JACOB E. CHRISTENSEN U.S. Department of Justice Tax Division Court of Federal Claims Section Post Office Box 26 Ben Franklin Post Office Washington, D.C. 20044 (202) 307-0878 EILEEN J. O'CONNOR Assistant Attorney General DAVID GUSTAFSON Chief, Court of Federal Claims Section G. ROBSON STEWART Reviewer s/G. Robson Stewart Of Counsel Dated: February 8, 2007 Attorneys for Defendant

Dated: February 8, 2007 Attorneys for Plaintiff

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