Peterson v. Jackson

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April 14, 2011

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8721 Accounting, Auditing, and Bookkeeping Services
541211 Offices of Certified Public Accountants
judicial dissolution
Peterson v. Jackson
2011 UT App 113, 253 P.3d 1096, 2011 Utah App. LEXIS 111
US
State Court
Utah
Court of Appeals
Brad Townsend (departing shareholder); Tyler Bowles (company)
Voros

Summary

Court confirms fair value determination of CPA firm based on income, market, and asset-based approaches; a former buy-in transaction concerning the same firm; and a non-compete agreement that effectively transferred personal goodwill to the enterprise.
Peterson v. Jackson
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See Also

Experts Differ by Less Than 50% in Statutory Value of CPA Firm

Legal and Court Case Update
August 2011

Court confirms fair value determination of CPA firm based on income, market, and asset-based approaches; a former buy-in transaction concerning the same firm; and a non-compete agreement that effectively transferred personal goodwill to the enterprise.