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Our specialist team advises on the legal issues affecting partnerships, limited liability partnerships (LLPs) and the individuals and teams within them.
We advise partnerships and LLPs in traditional professional services, such as law firms, accountants, surveyors and architects. With the growing use of LLPs as a mainstream business vehicle, we also advise businesses in sectors as diverse as healthcare, marketing and communications and financial services. Drawing together individuals with backgrounds in corporate, dispute resolution, discrimination and employment law and specialist knowledge of specific business sectors we have created a team with the genuine ability to advise on all the issues that arise for businesses and individuals trading as partnerships or LLPs.
We advise on LLP and partnership agreements, formations, conversions of companies and partnerships to LLPs, joint ventures, mergers and sales, expulsions, the duty of good faith, discrimination issues, remuneration structures, dissolutions and insolvency.
Partnership & LLP
Call +44 (0)20 7074 8000
the Partnership & LLPs team
Should Management protect retiring partners from the liquidator?By Clive Greenwood
In the latest instalment following the demise of Halliwells, the court found that a liquidator could not recover money from a former member who retired before the LLP entered compulsory liquidation.
Multiple derivative actions survive enactment of the Companies Act 2006By Fraser McKeating
In a recent decision the High Court has held that the old common law still permits a member of a parent entity of a wronged subsidiary company to bring a derivative action on the subsidiary company’s behalf – a so-called “multiple derivative action” – where the wrongdoer is also in control of the parent entity.
The legal year aheadBy Fergus Payne
Fergus Payne has written an article for The Law Society Gazette.