Conflict of Interest Court Cases - Partner Buyout

Any non-Tax accounting topics go here.
#1
Posts:
44
Joined:
25-Nov-2014 3:04pm
Location:
FL - Florida
Can anyone think of any court cases where a CPA was sued regarding a conflict of interest in structuring a partnership buyout?

I am specifically searching for cases where the CPA provided services both the business and some of its' partners, but the buyout was structured in favor of some partners over others.

Thank you.
 

#2
Posts:
6036
Joined:
22-Apr-2014 3:06pm
Location:
WA State
Seems this is something to discuss with an attorney and/or your E&O provider.

I've been advised to do three things in these situations: disclose, disclose, disclose...all in writing. Every telephone call gets summarized and disclosed to all parties.
~Captcook
 


Return to General Accounting



Who is online

Users browsing this forum: No registered users and 12 guests