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Articles Posted in Equitable Accounting

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Court Relies on Implied Contract Theory To Hold Partner to Agreement

It’s a decision involving a law firm partnership that, if widely followed, will likely have a sweeping effect on the interpretation of the statutory requirement for unanimity in adopting critical agreements that govern partnerships and liited liability companies. Attorney Andrew Zidel, an attorney who left prominent intellectual property boutique firm…

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Equitable Accounting Opens the Black Box of Business Finances

An equitable accounting is a cause of action that requires those in control of the finances of a closely held business to account for their  use of the money. An accounting a two-stage process.  First the controlling party must render an account of how it used the assets of the…

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