Replies to post #8193 on Dime Bancorp Inc (fka DIMEQ)

[linda1]

A tax gross-up is an additional award of money
by the Court to cover the taxes that will have to
be paid on base award.


Judge Block first awarded damages of
$ 419,645,910.62.

Subsequently he awarded a Tax Gross-Up
of $ 118,969,673.71 to cover the Tax JPMC
will have to pay when declaring the Award.

In total $ 538,615,584.33 was awarded -
$419,645,910.62 + $ 118,969,673.71.