Kevin Kenworthy Quoted in Tax Day Regarding Textron Case

"First Circuit Decides to Rehear Controversial Tax Accrual Workpapers Case En Banc"
Tax Day
03.27.09Kevin Kenworthy was quoted regarding a First Circuit Court of Appeals order to rehear, en banc, the case of Textron, Inc. regarding the reach of the work product privilege. "It is not shocking that the full court would decide to hear the case," Kenworthy said, given the vigorous panel dissent, the argument that contrary precedent exists, and the high-profile nature of the issue. He said it is possible that the party who loses the case may petition the Supreme Court, which may be inclined to hear the case about the argument for transparency in financial reporting and the IRS' need to effectively enforce tax laws.
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