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Failure to retain tax and audit records may subject accountants to liability

Drinker Biddle & Reath LLP
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USA
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July 29 2010

Record retention is an important aspect of all fiduciary relationships, a truism that applies equally to accountants

Neglecting formalities in closely held corporations poses serious risks for shareholders

Drinker Biddle & Reath LLP
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USA
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February 23 2010

Shareholders in close corporations often overlook or ignore the importance of creating formal governing documents and maintaining accurate corporate records

Court may not simply average expert appraisals to determine valuation

Drinker Biddle & Reath LLP
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USA
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September 4 2009

When value is in dispute, the parties often engage competing experts to assist the court in rendering a decision

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Jurisdiction - USA
Workarea - Litigation
Firm Name - Drinker Biddle & Reath LLP
Author - Matthew Barndt

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