Opinion ID: 2357348
Heading Depth: 1
Heading Rank: 3

Heading: Accountants' Fees

Text: The amount remaining to be distributed among the partners will, of course, be affected by fees and expenses the partnership must first pay to lawyers and accountants. We refer the parties to the trial court's discussion of accountants' fees at pages 5 and 6 of its order. Although it may be more accurate to say that the [supplemental accounting] report by Mr. Murphy was prepared, at the Arbitrator's direction, for the Partnership, his entire 1999 report was accepted by the Arbitrator as a proper accounting and used to adjudicate the capital accounts. We affirm the trial court's holding that it . . . is appropriate for [the cost of preparing that accounting] to be considered a Partnership liability. We affirm, as well, the trial court's determination that the Reznick [accounting] report plainly was prepared for Mr. Williams for (belated) litigation purposes, and not for the Partnership. Therefore, the cost of that accounting shall not be treated as a liability of the partnership. Both rulings are supported by the record, and we discern no error of law or abuse of discretion. See D.C.Code § 17-305(a) (2001).