This
paper summarizes and analyzes a
case of Tax Law involving the State of New Jersey, Department of Taxation, The State
of New Jersey Court and the State of New Jersey Supreme Court verses Allied Signal, Inc., as Successor In Interest to the Bendix Corporation. The
paper explains the core issue of the
case and the rulings of the State of New Jersey Court and the State of New Jersey Supreme Court. The paper also discusses points of technical interest of the case and opinions of individual Justices of the Court who presided over the case.