Quatloos!

Quatloos!

RSS: Quatloos!  | XML

Thursday, February 5, 2009

Proskauer Rose law firm dismissed from tax shelter case

Prominent Houston trial attorney brought a lawsuit against many parties, including the Proskauer Rose law firm, relating to a tax shelter sold by Ernst & Young.

The action filed by Fleming and his company, Pelican Trading, alleged that the Personal Investment Corporation (PICO) tax shelters, which Ernst & Young developed -- and which Proskauer Rose allegedly said were more likely than not permissible under the federal tax code -- resulted in huge losses when an audit by the Internal Revenue Service found them unlawful.


However, the Texas judge granted the dismissal of the law firm, on the grounds that the court had no personal jurisdiction over the firm.

Source: Click Here

Labels: , ,

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home

Recent Discussions



Discussions Forums

 

 
Previous Posts

Tony-the-Wonder-Llama
Have a question for Quatloos?
Ask
Tony-the-Wonder-Llama

 Report A Fraud


 

Ye Old Quatloos!       |       Quatloos Version 2.05

© 2002- by Quatloosia Publishing LLC. All rights reserved. No portion of this website may be reprinted in whole or in part without the express, written permission of Quatloosia Publishing LLC. This site is http://www.quatloos.com. Legal issues should be faxed to (877) 698-0678. Our attorneys are Grobaty & Pitet LLP (http://grobatypitet.com) and Riser Adkisson LLP (http://risad.com).

Management of Pay Per Click

 

Web Development by John Barrick