Thompson v. Bolliger, Hampton & Tarlow

Plaintiff appeals from a judgment in an action for recovery of unpaid wages, penalties and amounts due under a shareholder’s contract. Defendant cross-appeals. We affirm in part and reverse in part on the appeal, and affirm on the cross-appeal.

Plaintiff, an attorney, joined defendant law firm on July 1, 1987, as one of four 25-percent shareholders of a professional corporation. In the “Agreement Re Corporation” (Agreement), plaintiff promised to contribute to the corporation tangible assets having a net fair market value of $2,160 and the accounts receivable (and their proceeds) from his…