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Friday
Jan292010

NH Watchdog - Supreme Court rules NH can’t take JUA Funds 

(CONCORD) The New Hampshire Supreme Court has ruled against the state’s appeal in Tuttle v. New Hampshire, the JUA Case.

Read the full decision at New Hampshire Watchdog.

judicialsealThe ruling was 3-2 to uphold the lower court decision blocking the state’s confiscation of $110 million in the Joint Underwriting Association’s surplus. The decision digs a $110 million hole in a state budget already facing weaker than anticipated revenues.

Complete analysis and reaction to the case throughout the day at New Hampshire Watchdog.

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