Doral Financial Corporation and Government of Puerto Rico Meet for Trial to Settle Tax Refund Due to Doral
Chief Counsel Matthew D. McGill: Hacienda’s star witness is “irrelevant”
September 18, 2014
Contact: Miriam Warren 202-722-2186
SAN JUAN— Following today’s trial in the Doral Financial Corporation v. Hacienda court case, Doral Legal Counsel Matthew D. McGill issued the following statement:
“To begin their case today, the government called as their star witness a former employee of Doral who the court has ruled has nothing relevant to say about the tax agreement that Hacienda is trying to repudiate. Hacienda’s presentation of an irrelevant witness confirms what Doral has been saying–that there is no evidence to support Hacienda’s attempted nullification of its agreement with Doral.”
“Para comenzar su caso en el día de hoy, el gobierno llamó como su principal testigo a un exempleado de Doral quien la corte ha decidido no tiene nada relevante que decir sobre el acuerdo contributivo que Hacienda está intentando repudiar. La presentación de testigos irrelevantes por parte de Hacienda confirma lo que Doral ha estado diciendo — que no hay evidencia para apoyar el intento de Hacienda de anular su acuerdo con Doral.”
For more information on case of Doral vs. the Hacienda and events leading up to the trial, visit www.DoralPuertoRicoFacts.com.
Doral Financial Corporation is a bank holding company engaged in banking, mortgage banking and insurance agency activities through its wholly-owned subsidiaries Doral Bank, with operations on the mainland U.S. (New York metropolitan area and northwest region of Florida) and Puerto Rico. Doral Financial Corporation’s common shares trade on the New York Stock Exchange under the symbol DRL.