I previously blogged the district court's rejection of a $690 million assignment of future income tax shelter in Schering-Plough v. United States, 651 F.Supp.2d 219 (D.N.J. 2009). The district court today rejected the taxpayer's motion for a new trial. Merck & Co., Inc. v. United States, No. 05-2575 (D.N.J. Apr. 28, 2010) Hat Tip: Richard Jacobus.)
