Bond Schoeneck Wins Relief From Empire Zone Tax Clawback

Law360, New York (October 18, 2013, 2:22 PM EDT) -- New York was not entitled to strip the law firm Bond Schoeneck & King PLLC and a Syracuse accounting firm of their Empire Zone benefits retroactively, as it did in 2009, a midlevel appellate court ruled Thursday, in the wake of a related decision by the state's highest court on the question.

Relying on the New York State Court of Appeals' James Square Associates LP v. Mullen decision, made in June, Albany's Third Department ruled in favor of the law firm with offices across New York,...
To view the full article, register now.