Updates
May 16, 2007
Legal Briefs - A Periodic Summary of Judicial Decisions Affecting Accounting and Financial Services Professionals
In This Issue:
- Third Circuit Finds Market Price More Probative Than Experts in Establishing Valuation of Subsidiary at Time of Spin Out
- Court Rejects Challenge to Expert Testimony on Extent of “Lost” Market Due to Defendant’s Breach of Contract
- Court Dismisses Negligence Claim That Tax Preparer Failed to Advise Spouse of Potential Liability for Husband’s Tax Obligations
- Computer Abuse Can Lead to Stiff Penalties
- Professional Service Firms Are on the Hook for Employees’ Acts Performed “Within the Scope of Their Employment”
- Taxpayer Found Entitled to an Evidentiary Hearing in IRS Summons Enforcement Proceeding
To view the full brief, please click on the PDF link above.
The material contained in this communication is informational, general in nature and does not constitute legal advice. The material contained in this communication should not be relied upon or used without consulting a lawyer to consider your specific circumstances. This communication was published on the date specified and may not include any changes in the topics, laws, rules or regulations covered. Receipt of this communication does not establish an attorney-client relationship. In some jurisdictions, this communication may be considered attorney advertising.
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