The plaintiff, a former partner in a law firm with the defendants, brought an action for a declaration of partnership dissolution, an accounting, and damages for breach of fiduciary duty and conversion of shares.
The court found that the parties had reached a binding settlement agreement regarding the plaintiff's departure from the partnership, precluding further adjustments or liability for a Vancouver office lease.
However, the court found the defendants liable for conversion of the plaintiff's personal shares held as security, awarding $65,226.15 in damages.
The court also awarded $50,000 in damages for breach of fiduciary duty due to the defendants' failure to disclose partnership draws taken shortly before the plaintiff's departure, though it rejected claims that this failure caused the plaintiff's subsequent significant tax liabilities.
