Ex-Dewey partners contemplate legal action to recover unpaid profits By Joanne Harris 7 May 2012 00:04 17 December 2015 13:11 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 7 May 2012 at 16:02 This is what happens when the law is merely a business. Curious, can anyone shed light on the partnership duties that were violated by the EC types (even those who claimed they didn’t know what was going on)? Is the question relevant? Would the damages be beyond merely failure to pay out capital and profits? Reply Link Anonymous 8 May 2012 at 10:51 What they really want to avoid is paying tax on profits that may not materialise and this link may be useful re that: http://www.hmrc.gov.uk/manuals/emmanual/em7025.htm Reply Link Anonymous 8 May 2012 at 11:36 “… recover unpaid profits”?!?! You must be joking. Not going to happen. The trustee will go after the partners. Ever heard of clawbacks? Reply Link Anonymous 8 May 2012 at 13:33 and if there are clawbacks, those who are found liable turn around and sue the managing partner and EC types, who in turn themselves file for bankruptcy what a circus that could be Reply Link Anonymous 9 May 2012 at 10:36 Does anyone know the names of any of the people considering legal action? Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.