Company Chief Denies $2.1 Million Tax Bill Over Money Transfer

A man accused of transferring his company’s assets after the IRS sent the business a bill for about $2.1 million in taxes said he’s not liable for them because the government brought its suit under an inapplicable statute.

Isaac Neuberger responded Monday to the government’s allegation that he’s personally liable because of the alleged money transfer to satisfy purported loans. The US District Court for the District of Maryland on July 10 denied Neuberger’s dismissal request, holding the government had adequately stated a claim for relief assuming the allegations are true.

The government argued that Neuberger is personally liable ...