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American business tycoon, movie director and aviator Howard R. Hughes Jr. and his pugnacious attorney, Chester Davis, were taken down by a brilliant and passionate attorney, John Bales Clark, and a diligent and talented young CPA, Paul Regan. Clark and Regan were dedicated to restoring what was wrongfully taken from their clients by Hughes and Davis.
Learning Objectives:
Analyze the control/risk environment.
Determine, present and measure violations of the purchase contract.
Calculate the amount recoverable by the shareholders of the airline acquired by Howard Hughes (Air West).
