NJ Flooring Co. Owner Can't Shake Biz Sales Tax Liabilities

By Paul Williams · February 6, 2025, 2:49 PM EST

A shuttered flooring company's sole shareholder is responsible for the company's sales and use tax liabilities that were outstanding after bankruptcy, a New Jersey state appeals court ruled, holding that the...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Related Sections

Featured Stories

Jones' Ch. 7 Deal Sunk, Yellow Scores Partial Pension Win No Photo Available

Yun Park

A Texas bankruptcy judge has rejected a Chapter 7 trustee's proposal to settle $1.5 billion in Sandy Hook claims against Alex Jones, Y... (more story)

Small Businesses Already Closing After Subchapter V Lapse No Photo Available

Rick Archer

Some small businesses have failed, with their owners simply walking away, since Congress let expire a provision that had made them eli... (more story)

For These Victims, Death Came Before Bankruptcy Resolution No Photo Available

Daniel Connolly

Thousands of people have died with no compensation in recent years as big institutions shield themselves in bankruptcy court from clai... (more story)