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An understanding of partnership is vital not only to professional legal advisers, but to all those considering or carrying on business in partnership. This book provides clear and comprehensive guidance on the law and related practical issues applicable to general and limited partnership. Topics covered include: setting up a partnership; the relationship between partners; liability to third parties; dissolution; and insolvency. The comparative merits of other forms of business organisation are also considered, including the proposed limited liability partnership. are separate chapters explaining the new Civil Procedure Rules as they apply to actions between partners, and by and against partnerships. The book contains the Partnership Act 1890 and the Limited Partnerships Act 1907, coverage of recent cases, such as Joyce v Morissey and Others; Nationwide Building Society v Lewis and Another; Re Kyrris (No 2); HRH Prince Jefri Bolkiah v KPMG (A Firm) and a sample partnership agreement (with cross-references to the relevant sections of the book). This book will prove indispensable to the busy practitioner, combining as it does thorough coverage of the law with practical advice.
"Provides the answers to all the questions that can arise on the formation, operation and dissolution of Partnerships, LPs and LLPs as well as the answers to all questions that can arise in disputes between partners, ex-partners and outsiders. Fully revised and updated this new edition will include coverage of: - The introduction of the Private Fund Limited Partnership (PFLP) in 2017 - Application of discrimination law in the context of partnerships/LLPs: Seldon v Clarkson, Wright and Jakes ; Tiffin v Lester Aldridge LLP ; Bates v van Winklehof - Interpretation of partnership agreements, what amount to partnership assets and how they should be valued, in the context of the retirement or buy-out of a former partner: Drake v Harvey ; Ham v Ham ; Ham v Bell - The role, if any, of the doctrine of repudiation in the context of partnerships ( Golstein v Bishop ) and LLPs ( Flanagan v Liontrust Management LLP ) - What nature of "business" may constitute a partnership ( Bhatti v HMRC ) - Impact of changes made to the insolvency regime (including the Insolvency Rules 2016) on insolvency of partnerships and LLPs."--
Provides the answers to all the questions that can arise on the formation, operation and dissolution of Partnerships, LPs and LLPs as well as the answers to all questions that can arise in disputes between partners, ex-partners and outsiders. Fully revised and updated this new edition will include coverage of: - The introduction of the Private Fund Limited Partnership (PFLP) in 2017 - Application of discrimination law in the context of partnerships/LLPs: Seldon v Clarkson, Wright and Jakes; Tiffin v Lester Aldridge LLP; Bates v van Winklehof - Interpretation of partnership agreements, what amount to partnership assets and how they should be valued, in the context of the retirement or buy-out of a former partner: Drake v Harvey; Ham v Ham; Ham v Bell - The role, if any, of the doctrine of repudiation in the context of partnerships (Golstein v Bishop) and LLPs (Flanagan v Liontrust Management LLP) - What nature of “business” may constitute a partnership (Bhatti v HMRC) - Impact of changes made to the insolvency regime (including the Insolvency Rules 2016) on insolvency of partnerships and LLPs
Explains and illustrates the major legal principles governing the formation, operation and termination of partnerships and the way they apply in practice, and incorporates updates to all statutory references and to all major new cases, expands on existing explanations and, where relevant, includes additional case examples to illustrate how those principles apply in practice.
Dealing with the modern practical issues inherent in setting up, running and dissolving a partnership, this text provides the reader with a definitive statement of the law using modern terminology relevant to current business practice. The emergence of limited liability partnerships is the biggest development in this area in a number of years, and this second edition of the specialist practitioner text covers recent advances in the law.
The new edition of this established and approachable text is a fully updated account of the law relating to partnerships and limited liability partnerships in a commercial context. It explains the essential characteristics of the subject, highlighting difficult and developing areas through established and new cases and legislation.
Comprehensive and highly detailed, Twomey on Partnership, 2nd edition, includes practitioner-focused chapters on disputes between partners, litigation by and against partnerships and a commentary on each of the clauses of a typical partnership agreement. Few areas of law are as similar throughout the common law world as partnership law. This important book analyses not only Irish, English and Scottish partnership cases, but also the rich vein of partnership cases to be found in other common law jurisdictions, and explains how these cases impact upon Irish law. This new edition has been updated to take account of key Irish cases over the last 17 years, including McAleenan v AIG, Harris v Quig...
This is a user-friendly and practical guide for UK practitioners and those managing UK firms on the day-to-day legal issues that arise in the specialist field of partnerships and LLPs. The book is written by three authors: a leading partnership and LLP barrister with many years of litigation experience, a solicitor with specialist expertise in partnership and LLP structures and agreements, and a respected academic in the field. It provides clear and practical guidance on the main issues that arise time and again in UK partnerships and LLPs. While there are many important differences between traditional partnerships and LLPs, the practical issues that they face are often similar, and the book...