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OUR MISSION

Since our founding in 1959, the mission of Sellar Hazard Manning Ficenec & Lucia has been simple: to provide its clients with the very best in legal service, in an effective and efficient manner, at a reasonable cost. We offer superior legal resources for client needs while maintaining a personal hands-on approach and a direct, problem-solving team relationship with clients.



News and Analysis

Buy Out Payment To Departing Partner Not Subject To Forced Sale Discount

Saturday, August 13, 2011
By James Ficenec
Buy Out Payment To Departing Partner Not Subject To Forced Sale Discount

In the absence of a partnership agreement to the contrary, a partner who departs an ongoing partnership is entitled to have the partnership buy out his or her interest.  In Rappaport v. Gelfand, the California court of appeal rejected an argument that the value of a partner’s interest should be determined by assuming a... »

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