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Alabama's VFJ Case: The Trial Court Got It Right!


by Thomas H. Steele View Biography
Morrison & Foerster LLP View Firm Credentials
Denver Office

Pilar Sansone
Morrison & Foerster LLP View Firm Credentials
San Francisco Office

May 16, 2008

Previously published on May 2008

Last year, the Montgomery Circuit Court ("trial court") held that VFJ Ventures, Inc. ("VFJ") was entitled to claim the reasonableness exception to Alabama's add back statute with respect to royalty payments VFJ made to its affiliates.[1]


 

The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.




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