Mark J. Hanna, P.C., Transferee - Page 5




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               We note the discrepancies between the types of assets that              
          actually were transferred from Associates PC to Hanna PC and the             
          list in the Internal Document of the types of assets to be                   
          transferred (namely, the horse option and the interest in a                  
          lawsuit are not specifically listed in the Internal Document).               
               Further, we note that the $40,660 amount listed for accounts            
          receivable in the Internal Document does not reflect $42,675 in              
          accounts receivable for legal services rendered by Associates PC             
          prior to, but not billed by Associates PC before, the February 2,            
          1994, transfer date and only billed by Hanna PC after the                    
          transfer date.  Also, when Hanna listed the $40,660 amount for               
          accounts receivable in the Internal Document, he did not make an             
          adjustment for uncollectible accounts receivable in the amount of            
          $19,605.                                                                     
               With regard to the liabilities listed in the Internal                   
          Document, we note that the parties agree that the correct total              
          amount for notes payable assumed by Hanna PC is $39,821.  The                
          $17,382 amount listed for accounts payable in the Internal                   
          Document includes $4,282 of liabilities that were attributable               
          not to expenses of Associates PC but to expenses of Hanna                    
          individually.                                                                
               On February 24, 1994, Associates PC dissolved as a                      
          professional law corporation.                                                








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