
Tennessee Two-Step
06/22/23 • 52 min
You're in for a treat with the latest episode of Laying Down the Law: Accountant Edition! Billy brings on some amazing guests who dive into a fascinating case about partnership law. The case is called Putnam v. Shoaf, and it all went down in Tennessee in 1981. The dispute centers around the sale of a partnership interest in the Frog Jump Gin Company. They also dive into all sorts of other topics related to law and comedy - so you won't want to miss a moment!
The Case in Question:
Putnam v. Shoaf, 620 S.W.2d 510 (Tenn. Ct. App. 1981)
https://www.lexisnexis.com/community/casebrief/p/casebrief-putnam-v-shoaf
HOW TO EARN FREE CPE
In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for The Good, The Bad, and The Ugly Accounting channel. Register for the course, complete a short quiz, and get your CPE certificate.
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Questions? Need help? Email [email protected].
Connect With Billy :
LinkedIn : https://www.linkedin.com/in/declercqwb Website : https://declercq.law/
You're in for a treat with the latest episode of Laying Down the Law: Accountant Edition! Billy brings on some amazing guests who dive into a fascinating case about partnership law. The case is called Putnam v. Shoaf, and it all went down in Tennessee in 1981. The dispute centers around the sale of a partnership interest in the Frog Jump Gin Company. They also dive into all sorts of other topics related to law and comedy - so you won't want to miss a moment!
The Case in Question:
Putnam v. Shoaf, 620 S.W.2d 510 (Tenn. Ct. App. 1981)
https://www.lexisnexis.com/community/casebrief/p/casebrief-putnam-v-shoaf
HOW TO EARN FREE CPE
In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for The Good, The Bad, and The Ugly Accounting channel. Register for the course, complete a short quiz, and get your CPE certificate.
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Questions? Need help? Email [email protected].
Connect With Billy :
LinkedIn : https://www.linkedin.com/in/declercqwb Website : https://declercq.law/
Previous Episode

The Only Ship that Doesn't Sail
In this episode of Laying Down the Law: Accountant Edition, the hosts delve into the 1945 court case Fenwick v. Unemployment Compensation Committee. The case centered around the employment status of Arline Cheshire, who worked at John Fenwick's beauty shop. The court ultimately ruled that Cheshire was an employee, not a partner, and Fenwick was required to pay unemployment insurance. This case emphasizes the significance of comprehending the legal consequences of partnership agreements and carefully considering their terms.
The Cases in Question:
Fenwick v. Unemployment Comp. Com - 132 N.J.L. 185, 38 A.2d 849 (1944)
https://www.lexisnexis.com/community/casebrief/p/casebrief-fenwick-v-unemployment-comp-com-848616300
Fenwick v. Unemployment Comp. Com. - 133 N.J.L. 295, 44 A.2d 172 (1945)
https://www.lexisnexis.com/community/casebrief/p/casebrief-fenwick-v-unemployment-comp-com#:~:text=Conclusion%3A,Chesire.
HOW TO EARN FREE CPE
In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for The Good, The Bad, and The Ugly Accounting channel. Register for the course, complete a short quiz, and get your CPE certificate.
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Questions? Need help? Email [email protected].
Connect With Billy :
LinkedIn : https://www.linkedin.com/in/declercqwb Website : https://declercq.law/
Next Episode

Flying Tiger, Hidden Dragon
In this episode of Laying Down the Law: Accountant Edition, host Billy DeClercq and guests discuss a shareholders' derivative suit, Eisenberg v. Flying Tiger Line Inc. from 1971. The plaintiff, Eisenberg, claimed that his vote had been diluted. The key issue was whether it was a derivative or direct claim. The episode also includes interesting facts, such as the disappearance of Flying Tiger Flight 739 during the Vietnam War.
The Case in Question:
Eisenberg v. Flying Tiger Line, Inc. - 451 F.2d 267 (2d Cir. 1971)
https://www.lexisnexis.com/community/casebrief/p/casebrief-eisenberg-v-flying-tiger-line-inc
HOW TO EARN FREE CPE
In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for The Good, The Bad, and The Ugly Accounting channel. Register for the course, complete a short quiz, and get your CPE certificate.
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Questions? Need help? Email [email protected].
Connect With Billy :
LinkedIn : https://www.linkedin.com/in/declercqwb Website : https://declercq.law/
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