Hopton v Miller [2010] EWHC 2232 (Ch) (31 August 2010)
The partnership between Mrs Hopton and Mr Miller commenced in April 2005 and was dissolved by 30 September 2005, as evidenced by the parties' conduct, new partnerships, and agreement for final accounts. Mrs Hopton did not acquire a beneficial interest in The Old Rectory or its improvements, as there was no express or inferred agreement to alter property interests and all funding came from Mr Miller. The value of Mrs Hopton's share at dissolution is based on the partnership accounts and a modest sum for goodwill. Under section 42 of the Partnership Act 1890, Mrs Hopton is entitled to a proportionate share (21.09%) of post-dissolution profits, adjusted for assumed under-declaration of...
- Citation
- [2010] EWHC 2232 (Ch)
- Parties
- Claimant: Jan Hopton; Defendant: Trevor William Miller
- Jurisdiction
- England and Wales
- Judgment Date
- 31 August 2010
- Procedural Posture
- Partnership Dispute / Final Judgment After Trial; Defendant Debarred From Defending Due to Disclosure Failures
- Outcome
- Claimant awarded £20,000 as full and final settlement of her partnership claim.
- Legal Topics
- Partnership Dissolution, Accounting on Dissolution, Goodwill Valuation, Section 42 Partnership Act 1890, Disclosure Sanctions
Case Brief
Summary, issues, holding and outcome
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Parties
Jan Hopton
Claimant
Trevor William Miller
Defendant
Procedural Posture
Partnership Dispute / Final Judgment After Trial; Defendant Debarred From Defending Due to Disclosure Failures
Legal Issues
- 1 When did the partnership commence and terminate?
- 2 Is the claimant entitled to a share of the partnership assets and post-dissolution profits?
- 3 How should goodwill and assets be valued at dissolution?
Ratio Decidendi
The partnership between Mrs Hopton and Mr Miller commenced in April 2005 and was dissolved by 30 September 2005, as evidenced by the parties' conduct, new partnerships, and agreement for final accounts. Mrs Hopton did not acquire a beneficial interest in The Old Rectory or its improvements, as there was no express or inferred agreement to alter property interests and all funding came from Mr Miller. The value of Mrs Hopton's share at dissolution is based on the partnership accounts and a modest sum for goodwill. Under section 42 of the Partnership Act 1890, Mrs Hopton is entitled to a proportionate share (21.09%) of post-dissolution profits, adjusted for assumed under-declaration of...
Court Disposition
Claimant awarded £20,000 as full and final settlement of her partnership claim.
Orders
- Defendant to pay claimant £20,000.
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