Fredericks Peebles & Morgan LLP v. Assam
Nebraska Supreme Court
1Opinion of the CourtFunke, J.
*774 This appeal concerns a determination of Fred Assam's ownership interest in the law firm of Fredericks Peebles & Morgan LLP (FPM). After Assam voluntarily withdrew from **672 the firm, FPM filed suit seeking a declaration of the rights of FPM and Assam under the governing partnership agreement (Partnership Agreement). Following a bench trial, the district court for Douglas County declared the fair market value of Assam's interest in FPM to be $590,000. For the reasons stated herein, we affirm.
I. BACKGROUND
1. PARTNERSHIP
FPM is a limited liability partnership composed of legal professionals.…
2Cases cited17 opinions
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