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£3.4m LLP member whistleblowing claim permitted to proceed

£3.4m LLP member whistleblowing claim permitted to proceed

Summary Losses resulting from expulsion following whistleblowing can be very substantial, and there is no statutory limit on the amount of compensation that can be awarded. But in some cases the expulsion of the whistleblower may: be based (at least on the face of the...
The evolution of the partnership and the predator partner

The evolution of the partnership and the predator partner

(This article was first published on the Kluwer Mediation Blog on 7 March 2017) “Whilst I am grateful to counsel and solicitors for their presentation and assistance in this matter, the legal battles raging between these two brothers are unedifying, unpleasant...
Would-be partner of farming partnership awarded £500,000

Would-be partner of farming partnership awarded £500,000

I previously reported on the case of Moore v Moore (2016), in which the court ordered, based on proprietary estoppel, that a farmer’s son was entitled to take over his father’s interest in the family farming partnership, despite the fact that the father...
Forfeiture of profit share for breach of fiduciary duties

Forfeiture of profit share for breach of fiduciary duties

In the case of Hosking v Marathon Asset Management LLP [2016] EWHC 2418 (Ch) the court had to answer the question, “Whether the share of profits of a partner of a partnership or a member of an LLP, paid out pursuant to and in accordance with a partnership or LLP...
Comments on the Chancellor’s Autumn Statement 2016

Comments on the Chancellor’s Autumn Statement 2016

“This risks being a cutting off nose to spite face moment” The Chancellor’s Autumn Statement on 23 November 2016 brought unwelcome news for anyone trading through a partnership or LLP, and especially for professional firms. Profit-sharing His statement to...

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