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PARTNERSHIPS - Relations of partners to one another - Expulsion of a partner

Wednesday, May 24, 2017 @ 9:21 AM  

Appeal by the defendants from summary judgment awarding the plaintiffs damages for breach of contract. The individual plaintiff was a chartered accountant. From 1992 until 2014, the individual plaintiff, through his professional corporation, was a partner at the defendant national accounting and advisory firm and its predecessors. The partnership agreement provided for the timing and the terms of departure for each partner. For the individual plaintiff, his compulsory retirement date was Jan. 1, 2019. The partnership agreement also provided a process to request the resignation of...