[DOWNLOAD] "Mclean, Koehler, Sparks & Hammond v. Schnepfe" by September Term, 1986 Court of Appeals of Maryland No. 102 # Book PDF Kindle ePub Free
eBook details
- Title: Mclean, Koehler, Sparks & Hammond v. Schnepfe
- Author : September Term, 1986 Court of Appeals of Maryland No. 102
- Release Date : January 22, 1987
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 71 KB
Description
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 retirement. The trial court, sitting nonjury, concluded that those obligations to retired partners were not ""expenses"" under the agreement. Before the appeal was heard by the Court of Special Appeals, we granted certiorari on our own motion. For reasons set forth below, we shall affirm.
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