. .

Invest in your success.
JVRA helps lawyers win cases by providing critical information you can use to establish precedent, determine demand and win arguments.

ARTICLE ID 15414

- LEGAL AND ACCOUNTING MALPRACTICE ALLEGED IN HANDLING OF PURCHASE AND SALE OF BUSINESS.

Stamford, Conn.

The plaintiff in this action was the owner of a security/alarm company who was represented by the defendant in conjunction with the sale of the plaintiff’s company. Following the sale, the plaintiff brought the subject action against his attorney, alleging that he was not properly advised with regard to a particular provision contained in the purchase and sale agreement, providing that any funds collected for services not yet rendered would be charged against him in a post-closing audit. The plaintiff contended that as a result, he was subsequently forced to pay the purchaser monies previously collected from customers for services which had not been rendered to those customer by the time of the sale of the company, resulting in the plaintiff being deprived of receiving the full purchase price for the business. The defendant countered that the plaintiff was a highly sophisticated businessman who knew or should have known the meaning of the provision in question, and did not require that his attorney or accountant define or explain the meaning of the clause. Haimes & Co. vs. Spitzer, et al. Case no. CV85-________; Attorney for defendant: Duncan Hume of Stamford, Ct.

To read the full article, please login to your account or purchase

5 ways to win with JVRA

JVRA gives you jurisdiction-specific, year-round insight into the strategies, arguments and tactics that win. Successful attorneys come to the table prepared and use JVRA to:

  1. Determine if a case is winnable and recovery amounts.
  2. Determine reasonable demand for a case early on.
  3. Support a settlement demand by establishing precedent.
  4. Research trial strategies, tactics and arguments.
  5. Defeat or support post-trial motions through past case histories.

Try JVRA for a day or a month, or sign up for our deluxe Litigation Support Plan and put the intelligence of JVRA to work for all of your clients. See our subscription plans.


Your cart is empty
Let Our expert Researchers Do The Searching For You! Pro Search Service