Upon dissolution of a partnership that conducted multiple projects, the settlement of accounts must take into account the profits and losses of all projects and the return of capital contributions, not merely apportion the loss on one project in isolation. The rules under s 47 of the Partnership Act 1891 (Qld) are not displaced merely because the parties did not expressly invoke them during litigation. A partner's refusal to provide access to partnership books and records may excuse the other partner's obligation to contribute further capital.
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