Younes v Chrysanthou & Anor

Younes v Chrysanthou & Anor

There is no credible evidence of any partnership or profit-sharing agreement between the claimant and first defendant; claimant is entitled to the balance of the JNR Fee held by Rufus Limited.

Parties
Claimant: Agila Younes; First Defendant: Demetris Chrysanthou; Second Defendant: Rufus Limited
Jurisdiction
England and Wales
Judgment Date
16 December 2016
Procedural Posture
Civil / Judgment
Outcome
Claim allowed; counterclaim dismissed.
Legal Topics
Partnership Disputes, Arrangement Fees, Profit Sharing, Counterclaim, Credibility Assessment

Case Brief

Summary, issues, holding and outcome

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Parties

Agila Younes

Claimant

Demetris Chrysanthou

First Defendant

Rufus Limited

Second Defendant

Procedural Posture

Civil / Judgment

  1. 1 Existence of partnership agreement between claimant and first defendant
  2. 2 Entitlement to balance of arrangement fee
  3. 3 Validity of counterclaim based on alleged partnership

Ratio Decidendi

There is no credible evidence of any partnership or profit-sharing agreement between the claimant and first defendant; claimant is entitled to the balance of the JNR Fee held by Rufus Limited.

Court Disposition

Claim allowed; counterclaim dismissed.

Orders

  • Judgment for claimant for US$2.9m against first defendant (subject to corrections and interest).
  • Counterclaim by first defendant dismissed.