Partnership

Husher v Husher – Economic Loss in Partnerships

by Arnold Shields 23 February 2010

The High Court in Husher v Husher (1999) 197 CLR 138 found that the plaintiff was entitled to recover the total profits of the partnership as representative of his earning capacity.

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Going Into Business With Friends

by Arnold Shields 22 December 2009

As forensic accountants, we often see the results of poor partnerships, ones that aren’t planned properly and that end in tears and litigation. Many people will say “don’t go into business with friends, it will just end in tears” but partnerships have a four times greater chance of success than a sole proprietor. A sole proprietor will often find that [...]

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