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 buyout price for retiring partner.