Feridun Akcan v Gabriel Cross [2013] NSWSC 802

Supreme Court New South Wales

Medium Neutral Citation: Feridun Akcan v Gabriel Cross [2013] NSWSC 802 Hearing dates: 11-22 March 2013 and 9-10 April 2013 Decision date: 12 June 2013 Jurisdiction: Equity Division Before: Rein J Decision: Partnership between the plaintiff and the defendants established. Plaintiff is entitled to one third of the of the net partnership profits from the commencement of the partnership to 30 June 2010, but subject to adjustment for unpaid wages. Catchwords: PARTNERSHIP - whether the plaintiff was a one third partner with the defendants - whether the partnership terminated - quantum of profit share Legislation Cited: Evidence Act 1995 (NSW) Cases Cited: In Re Allied Pastoral Holdings Pty Ltd v Commissioner of Taxation [1983] 1 NSWLR 1; (1983) 44 ALR 607; (1983) 70 FLR 447; (1983) 83 ATC 4015; (1983) 13 ATR 825 Bales & Anor v Mills [2011] NSWCA 226; (2011) 81 NSWLR 498; (2011) 282 ALR 336 Birtchnell v Equity Trustees Executors and Agency Co Ltd (1929) 42 CLR 384; [1929] ALR 273; (1929) 3 ALJR 236 Browne v Dunn (1893) 6 R 67 Chan v Zachariah (1984) 154 CLR 178; (1984) 53 ALR 417; (1984) 58 ALJR 353; [1984] HCA 36 Pearce v Lindsay (1860) 3 De GJ & Sm 139, 46 ER 591 Petelin v Cullen (1975) 132 CLR 335 Pooley v Driver (1876) 5 Ch D 458 Ryder v Frohlich [2004] NSWCA 472 Smith v Baker [1977] 1 NZLR 511 Vines v Australian Securities and Investment Commission (ASIC) [2007] NSWCA 75 Texts Cited: Keith Fletcher, The Law of Partnership in Australia, 9th ed, 2007, Law Book Category: Principal judgment Parties: Feridun Akcan (Plaintiff) Gabriel Cross (First Defendant) Rosabelle Cross (First Defendant) Representation: Counsel: Mr Evans (Plaintiff) Mr Silver (First and Second Defendants) Solicitors: ELG Legal (Plaintiff) Rockwell Oliver (First and Second Defendants) File Number(s): 2010/40732