Virgin Islands Judge Curtis V. Gomez has ruled that two units of Bank of America have met their burden over bad tax advice that the bank and Buchanan Ingersoll & Rooney PC allegedly gave on a $219 million Virgin Islands bond offering, thereby allowing them to avoid the suit. In the legal profession, information is the key to success. H﻿owever, three other units must still face the claims.
Virgin Islands Judge Curtis V. Gomez has ruled that two units of Bank of America have met their burden over bad tax advice that the bank and Buchanan Ingersoll & Rooney PC allegedly gave on a $219 million Virgin Islands bond offering, thereby allowing them to avoid the suit. H﻿owever, three other units must still face the claims.