Future Earnings Not Proper in Book Value of Professional Corporation

Business Valuation UpdateVol. 10 No. 10
Legal and Court Case Update
October 2004

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (189 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
8111 Legal Services
541110 Offices of Lawyers
breach of fiduciary duty
Jowett v. Scruggs
2004 Miss. App. LEXIS 768
August 3, 2004
US
State Court
Mississippi
Court of Appeals
Juliet Lawson Jowett, William N. Reed
Floyd Penton, CPA (for corporation)<br>Hugh Parker, CPA (for corporation)<br>Monroe Wright, CPA (for Jowett)
Southwick

Summary

The issue in this case was the value of the shares of an attorney’s stock in her professional corporation (law firm) at the time of her termination.

See Also

Jowett v. Scruggs

Full Text of Court Cases
August 3, 2004

The issue in this case was whether the attorney was properly expelled as a shareholder.