Department of Justice Seal Department of Justice
FOR IMMEDIATE RELEASE
SUNDAY, JULY 12, 2009
WWW.USDOJ.GOV
TAX
(202) 514-2007
TDD (202) 514-1888

UNITED STATES, UBS AND SWITZERLAND REQUEST STAY IN COURT PROCEEDINGS

WASHINGTON The Department of Justice, UBS and the Swiss government have requested a stay with a rescheduled hearing date of Aug. 3, 2009, in the proceedings for enforcement of the summons ordering UBS to turn over records of account holders. The stay was requested in order to provide the parties additional time to discuss a possible alternative resolution of the matter.

The parties have agreed that any alternative resolution reached would necessarily include a provision requiring UBS to provide the Internal Revenue Service information on a significant number of individuals with UBS accounts. If an alternative resolution is not reached, the Department of Justice will continue to vigorously pursue enforcement of the summons through the court.

Related Documents:

  United States v. UBS AG
Joint Motion for Stay

Proposed Order Granting Joint Motion for Stay

(PDF documents)


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