Legal Opinion

Kaplan v. Joseph Schachter & Co.

Appellate Division of the Supreme Court of the State of New York

Decided May 10, 1999PublishedCited by 3 opinions

1Opinion of the Court

—In an action, inter alia, for an accounting, the plaintiff Lawrence J. Kaplan and the defendant Richard Stone *441separately appeal, as limited by their briefs, from stated portions of an order of the Supreme Court, Nassau County (O’Brien, J.H.O.), dated April 9, 1998, which, after a hearing, inter alia, determined that goodwill was not a distributable asset of the subject partnership.

Ordered that the order is affirmed insofar as appealed from, with one bill of costs.

“[E]ven if a given partnership might be said to possess goodwill, the courts will honor an agreement among partners— whether…

2Cases cited2 opinions

  1. In Re the Accounting of BrownNew York Court of Appeals · 1926
  2. Dawson v. White & CaseNew York Court of Appeals · 1996

3Cited by3 opinions

  1. Kidz Cloz, Inc. v. Officially for Kids, Inc.District Court, S.D. New York · 2004
  2. Saltzstein v. PayneAppellate Division of the Supreme Court of the State of New York · 2002
  3. Ravitz v. FurstAppellate Division of the Supreme Court of the State of New York · 2009

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