Revised Opinion on Rehearing

Business Valuation UpdateVol. 8 No. 10
Legal and Court Case Update
October 2002
5074 Plumbing and Heating Equipment and Supplies (Hydronics)
423720 Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers
judicial dissolution
intangible assets, reasonable compensation, going concern, tangible assets, partnership dissolution

Marengo v. Bowen
2001 Tenn. App. LEXIS 907
December 10, 2001
US
State Court
Tennessee
Court of Appeals
Robert Scandlyn, CPA, JD (for defendants) <br> Garry Lewis, CPA (for plaintiffs)
Ash

Summary

In the February 2002 issue, we abstracted the Dec. 10, 2001, opinion in this case. Both parties filed petitions for rehearing, which were granted. This opinion on rehearing replaces the original opinion. The only material change in the new opinion addresses when the withdrawing partner's debt to the partnership should be offset.

See Also

Marengo v. Bowen

NOTICE:  THIS OPINION WAS REPLACED AFTER REHEARING.  WE HAVE KEPT THE ORIGINAL OPINION HERE FOR REFERENCE AND COMPARISON PURPOSES.