July 12, 2021
In Tribe v Elborne Mitchell LLP [2021] EWHC 1863 (Ch), George Bompas QC and Sarah Harman represented the successful defendant firm of solicitors. The court dismissed a former partner’s claim, relying on the principles developed in Braganza v BP Shipping Ltd [2015] UKSC 17 concerning the exercise of discretionary powers, that he had not been awarded a fair profit share in the last two years of his partnership at his firm. The court considered the subjective and objective requirements for an effective exercise of the relevant powers, and concluded that those requirements had been met. Click here to read the Judgement.
