[DOWNLOAD] "Billings Clinic v. Peat Marwick Main" by Supreme Court of Montana # Book PDF Kindle ePub Free
eBook details
- Title: Billings Clinic v. Peat Marwick Main
- Author : Supreme Court of Montana
- Release Date : January 16, 1990
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 81 KB
Description
Submitted June 6, 1990. The Billings Clinic, a partnership of medical doctors in Billings, proposed in 1982 to liquidate a corporation under §
331 of the Federal Internal Revenue Code, and contemporaneously to build a larger office facility financed by the issuance
of industrial revenue bonds complying with federal tax laws. The Clinic retained Peat Marwick Main and Company, a national
firm of accountants with offices in Billings, for "tax and accounting considerations" relating to the Clinic's plans. The
critical issue here, among other important issues, is the outer extent of the professional duty owed to the Clinic by the
accountants under the circumstances of this case. A jury in the Thirteenth Judicial District, Yellowstone County, found that
Peat Marwick had breached its duty, and awarded damages in favor of the Clinic. Judgment was entered thereon and this appeal
resulted. On consideration, we affirm.
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