Rued v Dormer & Anor [2026] EWHC 1074 (Ch) (08 May 2026)

Rued v Dormer & Anor [2026] EWHC 1074 (Ch) (08 May 2026)

No further interest is awarded beyond that already accounted for, as the agreed contractual rate governs and section 42 of the Partnership Act 1890 does not apply. The costs order from the liability phase stands and is not varied, as neither party's Part 36 offer was effective or justifies a change. For the account phase, there is no order as to costs, reflecting the neutral and necessary nature of the accounting process. The mechanism for sale of partnership assets, particularly Plot 9, is to allow Lloyd the option to purchase at full open market value as determined by an independent valuer, failing which the property is to be sold on the open market.

Citation
[2026] EWHC 1074 (Ch)
Parties
Claimant: Ulrich Rued; First Defendant: Lloyd Dormer; Second Defendant: Gabriella Dormer
Jurisdiction
England and Wales
Judgment Date
08 May 2026
Procedural Posture
Partnership Dispute (chancery Division) / Final Consequentials Hearing After Liability and Account Judgments
Outcome
No further interest awarded; costs order from liability phase stands; no order as to costs for account phase; mechanism for sale of partnership assets determined.
Legal Topics
Dissolution of Partnership, Partnership Accounts, Interest on Partnership Loans, Costs Orders, Mechanics of Sale of Partnership Assets, Breach of Trust

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Parties

Ulrich Rued

Claimant

Lloyd Dormer

First Defendant

Gabriella Dormer

Second Defendant

Procedural Posture

Partnership Dispute (chancery Division) / Final Consequentials Hearing After Liability and Account Judgments

  1. 1 Whether further interest should be awarded to the claimant beyond that already accounted for
  2. 2 How costs should be allocated for the liability and account phases
  3. 3 What mechanism should be adopted for the sale or realisation of partnership assets, particularly Plot 9

Ratio Decidendi

No further interest is awarded beyond that already accounted for, as the agreed contractual rate governs and section 42 of the Partnership Act 1890 does not apply. The costs order from the liability phase stands and is not varied, as neither party's Part 36 offer was effective or justifies a change. For the account phase, there is no order as to costs, reflecting the neutral and necessary nature of the accounting process. The mechanism for sale of partnership assets, particularly Plot 9, is to allow Lloyd the option to purchase at full open market value as determined by an independent valuer, failing which the property is to be sold on the open market.

Court Disposition

No further interest awarded; costs order from liability phase stands; no order as to costs for account phase; mechanism for sale of partnership assets determined.

Orders

  • No further interest to claimant beyond that already accounted for.
  • Costs order from 9 September 2021 (liability phase) stands and is not varied.