The 7th edition of Partnership Law explores issues arising from the formation, operation and dissolution of Partnerships, LPs and LLPs. Mark Blackett Ord, Sarah Haren and Mathew Roper also uncover the answers to questions that can arise in disputes between partners, ex-partners and outsiders.
This fully revised and updated new edition will include coverage of:
- the effect of the Economic Crime (Transparency and Enforcement) Act 2022 on limited liability partnerships (“LLPs”) and their members.
- the practice of using Limited Partnerships as venture capital vehicles
- Boyle v Burke (2019) EWHC 3364 and the High Court consideration of how dissolution of a partnership can be achieved
- discussion around Joseph v Deloitte (2020) EWCA Civ 1457, and the Court of Appeal holding that a time limit restricting the amount of time for an expelled partner to appeal to a full majority partnership, could be extended if inequitable
- consideration of Malik v Hussain, a long-running piece of partnership litigation, giving rise to a number of noteworthy decisions including one on the effect of a “backdated” partnership deed and scope of partnership assets
- lessons learnt from international law including Khalil v Ball (2022) 109 NSWA 348, where the Court of Appeal in New South Wales considered the working of the principle that a partnership liability for misappropriation is both joint and several with the consequence that the release of one releases them all: for different remedies might lie against different parties according to which of them took a wrongful profit.
Partnership Law is an essential read and resource for experienced and entry level practitioners working in a complex area of law and practice.
This title is included in Bloomsbury Professional's Partnership Law online service.
Chapter 1 Partnership in general
Chapter 2 Whether there is a partnership and whether a person is a partner
Chapter 3 Capacity
Chapter 4 Illegality
Chapter 5 Holding out
Chapter 6 Sub-partnerships and group partnerships
Chapter 7 The partnership agreement
Chapter 8 Partnership assets and liabilities
Chapter 9 Partnership capital and partners’ capital
Chapter 10 The partnership share
Chapter 11 The duty of good faith
Chapter 12 Internal management
Chapter 13 Discrimination
Chapter 14 Internal partnership dispute and its remedies
Chapter 15 The enforcement of remedies between partners
Chapter 16 Dissolution, retirement and expulsion without court order
Chapter 17 Dissolution by court order
Chapter 18 The effect of dissolution and retirement
Chapter 19 The firm and outsiders
Chapter 20 How partners bear the firm’s liabilities
Chapter 21 Litigation by and against outsiders
Chapter 22 Insolvency – winding up and similar procedures
Chapter 23 The insolvent firm’s debts
Chapter 24 Limited partnerships
Chapter 25 Limited liability partnerships
Appendix A: Partnership Act 1890
Appendix B: Limited Partnerships Act 1907
Appendix C: Limited Partnerships (Forms) Rules 2009
Appendix D: Company, Limited Liability Partnership and Business Names (Sensitive Words and Expressions) Regulations 2009
Appendix E: Partnership (Accounts) Regulations 2008
Appendix F: Insolvent Partnerships Order 1994
Appendix G: Limited Liability Partnerships Act 2000
Appendix H: Limited Liability Partnerships Regulations 2001
Appendix I: Law of Partnership Act 1865 (repealed)
Appendix J: British Venture Capital Association statement 26 May 1987
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