Valero Beats Tax Assessor's Bid For Texas Refinery Data

Law360, Houston (October 17, 2013, 2:07 PM EDT) -- A Texas appeals court said Thursday that a Valero Energy Corp. unit does not have to disclose proprietary documents relating to its refinery at the center of a property tax dispute, saying the information is unnecessary for tax authorities to determine the asset's value.

The First District Court of Appeals ruled that a trial court should not have forced Valero Refining-Texas LP to hand over highly sensitive financial and operational data to the Galveston County Appraisal District because there were less intrusive ways to appraise the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.