Citing Jury Verdict, Plaintiffs Seek Attorney Fees From U.S. In Microcaptive Row

(May 13, 2024, 12:11 PM EDT) -- FORT MYERS, Fla. — Following a Florida federal jury ruling against the government in consolidated cases over whether the plaintiffs’ involvement with purported microcaptive insurance companies constituted promotion of abusive tax shelters, the corporate plaintiffs are seeking approximately $600,000 in attorney fees and costs, and the government is countering in part that its position was “substantially justified.”...