TIMBER TRAILS ASSOCIATES v. NEW FAIRFIELD

(14719), (14723)

226 Conn. 407 (1993)

TIMBER TRAILS ASSOCIATES v. TOWN OF NEW FAIRFIELD TIMBER TRAILS ASSOCIATES v. TOWN OF SHERMAN

Supreme Court of Connecticut.

Decision released July 13, 1993.


Attorney(s) appearing for the Case

Michael N. LaVelle, for the appellants (defendants).

Henry W. Pascarella, with whom, on the brief, was Barry C. Hawkins, for the appellee (plaintiff).

BORDEN, BERDON, NORCOTT, KATZ and PALMER, JS.


PALMER, J.

This appeal requires us to decide whether municipal tax assessors may declassify property as forest land upon the transfer of the property, pursuant to a corporate dissolution, from a corporation to its sole shareholder without consideration.1 The trial court concluded that the distribution of assets from the dissolved corporation did not authorize declassification of the property and sustained the plaintiff's tax appeals. We...

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