STATEMENT OF ASSISTANT ATTORNEY GENERAL EILEEN J. O’CONNOR
ON BLACK & DECKER CORPORATION V. UNITED STATES OF AMERICA

Eileen J. O’Connor, Assistant Attorney General for the Tax Division, issued the following statement regarding Black & Decker v. United States of America, a “contingent liability” tax shelter case filed in U.S. District Court for the District of Maryland. The court today granted Black & Decker’s motion for summary judgment:

“We are disappointed in the court’s decision. We believe our position in this case is supported by the facts and the relevant law. The Department is considering its options.”

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04-713