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June 13, 2005 |

INOVA Diagnostics Inc. v. Strayhorn

Applying Public Law 86-272 to the formula in Texas Tax Code �171.002, an out-of-state corporation's net taxable earned surplus will always be zero, and the tax on capital will always be greater. When the statutory formula is applied to taxable earned surplus, the franchise tax will always be based on the foreign corporation's net taxable capital.
4 minute read
January 10, 2011 |

Legislature Passes Bill To Abolish COAH but Quotas Make Governor's Veto Likely

Lawmakers give final legislative approval to a bill that would abolish the state Council on Affordable Housing and set new guidelines for how much low-cost housing municipalities must build.
2 minute read
April 04, 2007 |

State v. Bianco

Although a juror did not reveal during voir dire that he knew defendant, defendant is not entitled to a new trial since he waived his right to object by remaining silent until after the verdict.
4 minute read
October 05, 2005 |

Settlement Proposed in Class Action Over Porous KPMG Tax Shelters

KPMG and Sidley, Austin, Brown & Wood have reached a $225 million settlement with plaintiffs in a class action suit that charges the firms with having sold bogus tax shelters. The settlement is subject to approval by U.S. District Judge Dennis Cavanaugh in Newark, N.J., who will hear the matter on Friday. The parties reached the agreement after a year of mediation. Several similar class actions over the tax shelters are pending in other states.
2 minute read
April 17, 2002 |

Outside Counsel

In one of the largest combinations in Wall Street history, the Swiss investment bank UBS Warburg announced in July 2000 that it was acquiring PaineWebber, principally for its stable of 8,500 retail stockbrokers. 1 As part of the transaction, UBS Warburg paid retention bonuses equaling almost million in order to safeguard the most valuable components of the transaction the brokers and the client assets under their control.
10 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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May 11, 2007 |

Nondischargability And the Law of Assignments

A soon-to-be debtor incurs debt using a false financial statement upon which a creditor reasonably relies.
7 minute read
October 25, 2007 |

Dreier forms sports practice alliance with U.K. firm

Dreier LLP plans to launch an alliance this week with SK Sport and Entertainment, a firm in London, to promote athletes in the U.S. and European markets.
1 minute read
July 28, 2004 |

For Greenland's Prisoners, it's candlelight and imported cheese

William W. BedsworthYears ago, I wrote a column in which I derided something the California Legislature had done, complaining that they "turn out laws with the same vapid rapidity with which Famous Amos turns out cookies." It was the best column I ever wrote. Granted, this is not an exceptionally difficult accolade to earn.
7 minute read

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