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Why should you buy LLP and Partnership Law: A legal and practical guide

LLP and Partnership Law: A legal and practical guide provides a user-friendly, practical, and accessible resource to help practitioners, students, partners and those running firms to navigate this specialist field.

It is written by a team of experts, including two specialist partnership and LLP barristers with many years of litigation as well as non-contentious drafting experience (both from Ten Old Square), an experienced solicitor practising in partnership and LLP structures and agreements (at CM Murray LLP), and a leading and highly regarded academic on this topic (from Nottingham Law School).

It provides clear and practical guidance on the main issues that arise time and again in the world of partnerships and LLPs and includes checklists on key topics. Whilst there are many important differences between traditional partnerships and LLPs, the day-to-day issues that firms and partners face are often similar, and the authors therefore tackle both areas in the one book. The focus is on those issues that regularly need to be considered by firms. The subjects covered in the book include the following :

• The key characteristics of partnerships and LLPs
• Factors influencing choice of legal entity
• Setting up partnerships and LLPs
• Global structures
• The essential elements of partnership and LLP agreements
• Key personnel
• Agency and liability to third parties and within firms
• Management and decision making
• Duties and rights of partners and members
• Capital, property, profits and losses
• Admission and change of status of partners or members and KPIs
• Partner and member exits (including expulsions and compulsory retirements)
• Restrictive covenants
• Discrimination and whistleblowing
• Sales, mergers, acquisitions and conversions
• Litigating partnership and LLP disputes (claims, remedies, courts, arbitration and ADR)
• Unfair prejudice petitions and LLPs
• Dissolution and winding-up
• Insolvency

LLP and Partnership Law: A legal and practical guide is a must read for all partnership law practitioners, along with those operating partnerships and LLPs, as well as students and researchers.