PLAWBites – Partnership Dissolution FAQs

The first in a new series of bite-sized FAQs on aspects of partnership and LLP law Partnership dissolution FAQs:  What is dissolution? In the partnership context, “dissolution” describes both an event and a process : The event is a dissolution notice or court order...

LLP membership trumps employment rights?

“… At the outset he has been lulled into a false sense of security, and may consider himself to be the victim of a scam …” Note: this post is now out of date following subsequent tax legislation and case law. Lawyers and accountants have been...

The 10 most important partnership or LLP deed clauses

…Recessions bring out the worst in people… A recession has a way of exposing weaknesses in legal drafting. As practices try to respond to the economic climate, management teams consult the fine print of their partnership deed or LLP members’ agreement, and...

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