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State cancellation of redevelopment agencies may affect you!

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • January 5 2012

On December 29, 2011, legislation to dissolve all redevelopment agencies became effective when the California Supreme Court released its opinion in California Redevelopment Association v. Matosantos, challenging the Legislature's adoption of AB 1X 26, providing for elimination of California redevelopment agencies (RDAs), and AB 1X 27, exempting from elimination any RDA that makes a voluntary contribution of its revenues

Retailers, finance companies and sales tax refunds on bad debt heads I win, tails you lose

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • January 20 2011

The Arizona Superior Court denied Home Depot a bad debt deduction related to customer credit card transactions