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Overgoods / Lost package help -- $250 REWARD, NO BULL
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<blockquote data-quote="worldwide" data-source="post: 919694" data-attributes="member: 2193"><p>UpstateNYUPSer is incorrect. OPL did not only cover international and the originally ruling by the IRS was later overturned.</p><p></p><p>OPL was originally formed to provide reinsurance against loss or damage to packages carried by UPS (the “shipper’s risk business”) and later diversified into other lines of reinsurance business as well as real estate ownership and management.</p><p></p><p>In the summer of ’01 (June 20th), the 11th Circuit Court of Appeals reversed and remanded the Tax Court’s decision against UPS.</p></blockquote><p></p>
[QUOTE="worldwide, post: 919694, member: 2193"] UpstateNYUPSer is incorrect. OPL did not only cover international and the originally ruling by the IRS was later overturned. OPL was originally formed to provide reinsurance against loss or damage to packages carried by UPS (the “shipper’s risk business”) and later diversified into other lines of reinsurance business as well as real estate ownership and management. In the summer of ’01 (June 20th), the 11th Circuit Court of Appeals reversed and remanded the Tax Court’s decision against UPS. [/QUOTE]
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