Stock in an Accounting Firm Valued at Zero

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 2007
Federal Court
2nd Circuit
United States Court of Appeals

Summary

The Second Circuit affirmed the lower courts' valuation of the debtor's stock in his accounting practice. It declined to value the practice under the debtor's buy-sell agreement because the trustee did not assume the contract nor had any of the triggerin ...

See Also

In re Stephen L. Vecchitto ( Martin W. Hoffman, trustee v. Stephen L. Vecchitto)

The Second Circuit affirmed the lower courts' valuation of the debtor's stock in his accounting practice. It declined to value the practice under the debtor's buy-sell agreement because the trustee did not assume the contract nor had any of the triggerin ...