David Skeels, attorney, argues at Texas Supreme Court over a dispute on the value of a partner's shares in a law firm. Credit: SCOTx video archive. 'We're Stuck With Him From Now on?': Law Firm Partners' Feud Reaches High Court
"If the court were to assume most closed corporations give certain people all power to act on behalf of the firm ... your position is that ... those people are empowered to redeem the shares of all other shareholders for zero," Justice Brett Busby said
February 24, 2023 at 05:43 PM
4 minute read
An intellectual property attorney's fight with his former firm has Texas Supreme Court justices wondering about the right of managers to assign a zero value to a departing partner's shares.
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