by Peter Garry on 6 December 2012
“… The trial judge was entitled to order separate accounts for diversion of profits and for dissolution …”
The Court of Appeal yesterday confirmed an award of an interim payment against a partner prior to the taking of a dissolution account.
In Mukerjee v Sen (unreported at first instance so far as I am aware) Mr Sen had diverted profits to himself. In the course of dissolution proceedings Mr Mukerjee applied for an order for an interim payment for his share of the diverted profits. [click to continue…]
by Peter Garry on 11 October 2012
“… The Judge considered whether it could argued that in all of the circumstances there was an implied contract between the members of the LLP and the insurers …”
In Zeckler v Assigned Risk Pool Manager Capita Commercial Services Ltd (reported on Westlaw) the High Court has allowed an appeal by a solicitor from an order of the Chief Bankruptcy Registrar who had refused to set aside a statutory demand against the solicitor seeking payment of a substantial Assigned Risks Pool (ARP) premium payable by the limited liability partnership (LLP) of which the solicitor was a member.
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