› insolvency practice trading through a proprietary company acting as trustee of a unit trust
› fees earned in personal capacity by parties to insolvency practice
› where insolvency practice previously conducted business as a partnership
› where parties to insolvency practice are directors of proprietary company
› whether partnership exists
› role of company in partnership
› whether income belonged to unit trust
› sham
Partnerships and Joint Ventures
› partnerships
› dissolution and winding up
› accounts
› agreement to distribute partnership assets
› where agreement does not deal with all assets and liabilities of partnership
› where agreement subject to further adjustments
› whether agreement binding
Partnerships and Joint Ventures
› partnerships
› dissolution and winding up
› accounts
› calculation of work in progress component
› calculation of goodwill component
Equity
› fiduciary duties
› directors’ duties to shareholders
› whether director owed fiduciary duty to shareholder in taking transfer of shares in company at nominal value upon dissolution of business relationship
Case Details
Citation[2018] NSWSC 1645
CourtNSWSC
JurisdictionNew South Wales
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