The Supreme Court agreed Tuesday to hear three business-related disputes, including one dealing with railroad taxes and another with a gravel company's suit against the government. At issue in a third business case, involving contaminated well water on Oregon property leased by Mattel Inc., is the extent to which arbitration awards can be reviewed by federal courts.
May 30, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The Supreme Court agreed Tuesday to hear three business-related disputes, including one dealing with railroad taxes and another with a gravel company’s suit against the government.
CSX Transportation Inc. is challenging Georgia’s valuation of the railroad’s property in that state, saying the true market value is $2.2 billion less than Georgia assessors say it is. At issue is whether federal law permits railroads to contest states’ valuation methods.
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