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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
Partnership and LLP Tax ReviewBy Clive Greenwood, Fergus Payne, Miguel Pereira
Here are our thoughts on the Government's consultation document published on the 20th May 2013 on the changes proposed to the tax rules for partnerships and limited liability partnerships.
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.
Limiting liabilityBy Miguel Pereira
In an article for Managing Partner, Miguel Pereira considers the differences between LLP and limited company structures in restricting the liability of owners.