LSC Grants Writ in Autozone Case

If you are interested in the developing law on state taxation of out-of-state intellectual-property holding companies (IPHCs), then you'll want to know that on June 18, the Louisiana Supreme Court granted writs in Bridges v. Autozone Properties, Inc. In Autozone, 2004 WL 26487, the Louisiana First Circuit affirmed a trial-court judgment sustaining an exception of no personal jurisdiction over an IPHC. This contrasts with the First Circuit's more recent decision in Secretary v. The Gap, noted here, where the First Circuit affirmed a trial court's assertion of personal jurisdiction over an IPHC. (Note: On rehearing, the First Circuit issued this short per curiam, but didn't change its holding.)

Posted by RPW at June 30, 2004 03:45 PM