Northampton Regional Livestock Centre Co Ltd v Cowling & Anor (Court of Appeal, June 2015)

The defendants, Mr Cowling and Mr Lawrence, traded as a property consultancy partnership, MCL, which was instructed in relation to the marketing and sale of a property from about 2002 onwards. Mr Lawrence resigned from MCL with purported effect from 4 July 2005, but continued to act in relation to the property and introduced the ultimate buyer of the property. The buyer (without the knowledge of Mr Cowling or the seller) agreed:

To pay Mr Lawrence one-third of any uplift it received on a subsequent sale of the property to a third party That Mr Lawrence would continue to act in relation to such...