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High Court rules in favor of the plaintiff, a partner in a firm, granting him the right to recover contributions from the remaining partners for their share of the losses incurred by the firm, on the grounds that the plaintiff had overpaid his share by €192,881, while the first and second defendants underpaid by €138,112 and €62,863, respectively, and that both defendants were aware of and consented to the loan and subsequent withdrawals from the firm's account.
Partnership dispute - firm losses - contributions recovery - overpayment - underpayment - consent - settlement agreement - loan purpose - withdrawals - fiduciary relationship - Partnership Act 1890 - equitable right of contribution - secret profit - defense rejection -judgment - costs order.
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