More Problems with Buy-Sell Agreements: Appraiser Gets Sued by Disgruntled Director

Business Valuation UpdateVol. 12 No. 8
Legal and Court Case Update
August 2006
malpractice (appraisal)

Wetmore v. MacDonald, Page, Schatz, Fletcher & Co., LLC (I)
2006 U.S.. App. LEXIS 29365
May 11, 2006
US
1st Circuit
United States Court of Appeals
none
Cohen

Summary

Is the appraiser for a company’s buy-sell agreement liable to the ousted director?

See Also

Wetmore v. MacDonald, Page, Schatz, Fletcher & Co., LLC (I)

The defendant, Macdonald, Page, Schatz, Fletcher & Company, LLC, moves to dismiss all counts asserted against it by the plaintiff, Frank U. Wetmore. I recommend that the court grant the motion.