Ohio Supreme Court May 24, 1995, No. 94-1528 (Colaluca v. Climaco, Climaco, Seminatore, Lefkowitz & Garofoli Co.)

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United States · · · 24-05-1995

lead-opinion

Douglas, J.

The United States District Court for the Northern District of Ohio, Eastern Division, has certified the following question to this court for our determination:

“Is it obligatory for a legal professional corporation, formed pursuant to * * * [R.C. Chapter 1785], to redeem the stock of a shareholder/employee when that person voluntarily separates from the corporation?

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