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”
SAN JUAN, Puerto Rico, Sept. 19, 2014 /PRNewswire-HISPANIC PR WIRE/ — 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.”
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.
Contact: Miriam Warren 202-722-2186
