New Jersey Tax Incentive Task Force Statement on Judge Mary Jacobson’s Decision Dismissing Norcross Tax Credit Suit

Holtec International neglected to include critical information in its Grow NJ application, according to Jim Walden, counsel for the Governor’s Task Force on Economic Development Authority (NJEDA) tax incentives.
New Jersey Tax Incentive Task Force Statement on Judge Mary Jacobson’s Decision Dismissing Norcross Tax Credit Suit
“We are grateful for Judge Jacobson’s careful consideration of the various issues, and for the exceptional advocacy of Ted Wells, Yahonnes Cleary and the Paul Weiss team.  We will continue our important work to provide as much transparency as possible to problems and challenges of administering these tax-incentive awards.” — Ronald Chen, Task Force Chair, Jim Walden & Pablo Quiñones, Special Counsel to the NJ EDA Task Force
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