Opinion
24408-16 24409-16
05-31-2024
WESTERN AMERICAN SPECIALTIES, INC., ET AL., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Mark V. Holmes Judge.
These microcaptive-insurance cases were on the Court's March 6, 2023 trial calendar for Dallas, Texas. The parties reached a basis for settlement some time ago and now report that they have finished drafting a closing agreement. They recently reported, however, that they've now encountered a crediting problem for payments already made. This will cause yet more delay, but the cases still seem settled. It is therefore
ORDERED that on or before July 1, 2024 the parties shall submit settlement documents or file a status report describing their progress.