Baker V. Emmerson

Dr. Marvin Baker and Dr. David Emmerson, both radiologists, formed a professional corporation, Radiology, Nuclear Medicine and Ultrasound, Associates, P.C. (the "P.C.") and a partnership known as Radiology Leasing (the "Partnership"). Subsequently another doctor became a shareholder in the P.C. A dispute between Baker and the other two doctors led to Emmerson's agreement to buy out Baker's interest in the P.C. and Partnership for $45,000.*fn1