MATTER OF COLECO INDUSTRIES, INC. v. STATE TAX COMM

On review of submissions pursuant to rule 500.2 (b) of the Rules of the Court of Appeals (22 N.Y.CRR 500.2 [g]), judgment affirmed, with costs, for reasons stated in the memorandum at the Appellate Division ( 92 A.D.2d 1008; see, also, American Int. Group v Tully, 59 N.Y.2d 832).

Concur: Chief Judge COOKE and Judges JASEN, JONES, WACHTLER, MEYER and SIMONS.