Plaintiffs sued chartered accountants alleging negligence and breach of contract by setting up the Plaintiffs’ business venture in Romania as a corporate structure rather than a partnership. The Trial Judge found that the Plaintiffs expected to make significant profits and that, from a tax planning perspective, therefore, the corporate structure proposed by the Defendants was appropriate. Appeal by Plaintiffs dismissed. Quinney v Orr.
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Quinney v Orr, 2012 SKCA 53: Professional negligence action against chartered accountants
May 29, 2012