The state of Florida can expect to recover at least $18 million from a special effects company that collapsed in what the state claims was a fraud.
November 03, 2014 at 12:00 AM
1 minute read
A visual effects production company must release $18 million in film project tax credits to the state of Florida, a bankruptcy judge in Delaware has ruled.
The Florida Department of Economic Opportunity argued for the release of the credits in a Chapter 11 bankruptcy case filed by Digital Domain Media Group Inc. in Delaware on Sept. 11, 2012.
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