Legal Opinion
In re the Estate of Reichenbaum
Appellate Division of the Supreme Court of the State of New York
Decided September 11, 1995PublishedCited by 4 opinions
1Opinion of the Court
OPINION OF THE COURT
Altman, J.
The principal issue on this appeal concerns the proper method of valuing a deceased shareholder’s interest in a law firm which is a professional corporation. Absent an agreement to the contrary, we hold that Business Corporation Law § 1510 controls in determining that method.
In March 1980, Harry Reichenbaum and Jerome Silberstein formed a partnership for the practice of law. Later that year, they filed a certificate of incorporation to practice law as a professional corporation under the name of Reichenbaum & Silberstein, P. C. Their practice consisted primarily…
2Cases cited5 opinions
- Doctors Council v. New York City Employees' Retirement SystemNew York Court of Appeals · 1988
- People Ex Rel. Knickerbocker Fire Insurance v. ColemanNew York Court of Appeals · 1887
- Notar-Francesco v. FurciAppellate Division of the Supreme Court of the State of New York · 1989
- Diamond v. DiamondAppellate Division of the Supreme Court of the State of New York · 1993
- Licitra v. ShawAppellate Division of the Supreme Court of the State of New York · 1992
3Cited by4 opinions
- Stein v. McDowellAppellate Division of the Supreme Court of the State of New York · 2010
- Weiner v. Hoffinger Friedland Dobrish & Stern, P.C.Appellate Division of the Supreme Court of the State of New York · 2002
- In re the Dissolution of BernfeldAppellate Division of the Supreme Court of the State of New York · 2011
- Ehrlich v. CalabroAppellate Division of the Supreme Court of the State of New York · 2001