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DIAMOND & GOLOMB v. DIAMOND

189 A.D.2d 722 (1993)

Diamond & Golomb, P. C., Appellant, v. Elinor Diamond, as Executrix of Aaron M. Diamond, Deceased, Respondent

Appellate Division of the Supreme Court of the State of New York, First Department.

January 28, 1993

The decedent Aaron M. Diamond, Esq., practiced law with Irving L. Golomb, Esq., from 1953 until his death in April of 1989. In 1971, they formed the professional corporation known as Diamond & Golomb, P. C. of which each was a fifty percent shareholder. The shareholders had no written agreement specifying the method to be employed to value a shareholder's stock in the event of death, withdrawal or retirement. After Mr. Diamond...

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