The appellants appealed a trial judgment finding them liable for various fees withheld from a deceased partner's estate.
The Court of Appeal dismissed the appeal, upholding the trial judge's findings that the appellants breached their fiduciary duties, failed to make full disclosure, and were not entitled to guarantee fees, management fees, or legal retainers on a quantum meruit basis or otherwise.
The court affirmed that under the partnership agreement and the Partnerships Act, management fees could not be varied without the consent of all partners, which the estate had not provided.