Showell v. Pusey

BVLaw
Full Text of Court Cases
September 1, 2011
8721 Accounting, Auditing, and Bookkeeping Services
judicial dissolution

Showell v. Pusey
2011 WL 3860419 (Del. Ch.)
US
State Court
Delaware
Court of Chancery
Jennings P. Hastings (plaintiff); Clyde G. Hartman (defendant)
Glasscock

Summary

Delaware Chancery Court resolves ambiguities in CPA firm operating agreement to find that its provisions for liquidation value, rather than statutory fair value as a going concern, control buy-out price for retiring partner.
Showell v. Pusey
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See Also

Do CPA Firm Agreements Trump Statutory FV Value of Retiring Partner’s Shares?

Delaware Chancery Court resolves ambiguities in CPA firm operating agreement to find that its provisions for liquidation value, rather than statutory fair value as a going concern, control buy-out price for retiring partner.