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US v Harry Stonehill – America’s Jarndyce v Jarndyce

US v Harry Stonehill – America’s Jarndyce v Jarndyce

The three Freedom of Information Act (“FOIA”) requests at issue in this case are the most recent chapter in what is now over a half-century’s worth of litigation as Mr. Stonehill, and Ms. Stonehill on behalf of his estate, have sought to uncover the full extent of U.S. government involvement and conduct in those raids and the subsequent litigation.

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Low Income Housing Tax Credit – Another Win For The Aggregators

Low Income Housing Tax Credit – Another Win For The Aggregators

As noted above Alden Torch is moving to exclude evidence purporting to disparage Alden Torch for activities that do not relate to the action.  According to the attachment to the motion Palm and HCA were accusing Alden Torch of being part of a “larger, nationwide trend causing peril to the LIHTC program”.  In discussing this issue they indicate that “aggregator” in the LIHTC context is pejorative. 

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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.