--- taxonomy_blocks.module	2009-01-25 18:01:01.000000000 -0500
+++ taxonomy_blocks (copie).module	2009-03-28 17:20:00.000000000 -0400
@@ -126,6 +126,7 @@ function theme_taxonomy_blocks_block_con
   $tree = taxonomy_get_tree($vid, $parent, -1, $depth);
   // Parse the tree
   if ($tree) {
+  	$first_loop = TRUE;
     foreach ($tree as $term) {
       // Filter using PHP code:
       
@@ -151,7 +152,13 @@ function theme_taxonomy_blocks_block_con
           $output .= '</ul>';
         }
         else {
-          $output .= '</li>';
+          if ($first_loop == TRUE)
+          {
+            $first_loop = FALSE;
+          }
+          else {
+            $output .= '</li>';
+          }
         }
 
         $output .= '<li>';
@@ -176,7 +183,7 @@ function theme_taxonomy_blocks_block_con
       }
     }
     if (!is_null($output)) {
-      $output = '<ul>'. $output .'</ul>';
+      $output = '<ul>'. $output .'</li></ul>';
     }
   }