McLEAN ET AL. v. SCHNEPFE

No. 102, September Term, 1986.

309 Md. 399 (1987)

524 A.2d 86

McLEAN, KOEHLER, SPARKS & HAMMOND v. HOWARD A. SCHNEPFE ET AL.

Court of Appeals of Maryland.

April 22, 1987.


Attorney(s) appearing for the Case

William B. Dulany (Dulany, Parker & Scott, on brief), Westminster, for appellant.

John H. Zink III (Cynthia M. Hahn and Cook, Howard, Downes & Tracy, on brief), Towson, for appellees.

Argued before MURPHY, C.J., and ELDRIDGE, COLE, RODOWSKY, COUCH, McAULIFFE and ADKINS, JJ.


RODOWSKY, Judge.

This appeal in general involves the problem of unfunded retirement benefits. In particular it involves the interpretation of the terms, "any unpaid or accrued expenses," as used in the voluntary withdrawal provisions of a partnership agreement between certified public accountants. The parties disagree over the applicability of the quoted terms to unfunded obligations to pay, monthly, determinable amounts to retired former partners for ten years after...

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