|Source:||All England Reporter|
|Publisher Citation:|| All ER (D) 120 (Jun)|
|Neutral Citation:|| EWHC 1446 (Ch)|
|Representation||Mark Blackett-Ord (instructed by Burges Salmon LLP) for the claimant.|
|Ulick Staunton (instructed by TWM) for the first and second defendants.|
|Elspeth Talbot-Rice QC (instructed by Charles Russell) for the third and fourth defendants.|
|Judgment Dates:||16 June 2010|
Partnership - Partnership property - Share of partnership property - Method of valuation - Four partners carrying on farming business - On death or retirement of partners partnership share passing to surviving partners and share of profit payable to retiring partner or estate of deceased - Accounts of partnership using historic value of land rather than current value - One of partners dying - Two other partners retiring - Share of profit payable by surviving partner - Whether historic value or market value of land should be used to calculate payments.