Case Name: BANNERCRAFT CLOTHING COMPANY, INC. v. THE UNITED STATES
Court: United States Court of Claims
Jurisdiction: United States
Decision Date: 1980-11-21
Citations: 225 Ct. Cl. 767
Docket Number: Nos. 354-74, 355-74, 131-76
Parties: BANNERCRAFT CLOTHING COMPANY, INC. v. THE UNITED STATES
Judges: 
Reporter: United States Court of Claims Reports
Volume: 225
Pages: 767–767

Head Matter:
BANNERCRAFT CLOTHING COMPANY, INC. v. THE UNITED STATES
Nos. 354-74, 355-74, 131-76
[207 Ct. Cl. 199,
518 F. 2d 605]
[211 Ct. Cl. 359]

Opinion:
On November 21, 1980, based on a stipulation of the parties, the court ordered that for its fiscal years ended December 31, 1966, 1967 and 1968, plaintiff realized excessive profits in the amounts of $17,500, $845,000 and $17,500, respectively, less appropriate state and federal tax credits, if any, plus interest on the net amount of excessive profits due defendant at varying rates established by the Secretary of the Treasury from the date thereof and further ordered that defendant's counterclaims are dismissed.