Catchwords
Equity – Doctrine of contribution - "Co-ordinate liability" - Appellant and respondent company directors - Respondent personally borrowed money which was on-lent to the company - Company ceased trading - Respondent sought funds from appellant to repay personal loan - Whether fiduciary relationship existed between the two - Whether co-ordinate liability existed so as to require equitable contribution from appellant.
Words and phrases – "common design", "community of interest", "co-ordinate liability", "equitable contribution".