Estate of Cartwright v. Commissioner (II)

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July 12, 1999
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Estate of Cartwright v. Commissioner (II)
183 F.3d 1034,1999 U.S. App. LEXIS 15220
US
Federal Court
9th Circuit
United States Court of Appeals
Alan Johnson (for estate)<br>Herbert T. Spiro (for IRS)
Silverman

Summary

At issue is the valuation of the deceased's share of stock in a law firm in which he was the majority shareholder.

See Also

Insurance Proceeds Not an Asset

Robert Cartwright was the majority shareholder, primary rainmaker, and driving force behind the law firm of Cartwright, Slobodin, Bokelman, Borowsky, Wartnick, Moore & Harris Inc. (CSB).

Stockholders' Agreement Controls Character of Insurance Proceeds

Robert E. Cartwright was the majority shareholder, primary rainmaker, and driving force behind the law firm of Cartwright, Slobodin, Bokelman, Borowsky, Wartnick, Moore & Harris Inc. (CSB).

Work in Progress Should Be Considered When Valuing a Law Firm

The 9th Circuit Court of Appeals affirmed and reversed a Tax Court decision, valuing stock in a law practice.