Contains analysis of problem areas and practical guidance, it comprehensively sets out the law of limited liability partnerships in England and Wales.
The fifth edition includes coverage and analysis of all recent case law including:
Newey J's decision in Hosking v Marathon Asset Management LLP [2017] on the application of the fiduciary forfeiture rule to LLP profit sharing
the Court of Appeal decision in Grupo Mexico de CV v Registrar of Companies [2019] on rectifying the companies and LLP registers
recognition of the limited liability of foreign LLPs in the light of the Privy Council decision in Investec Trust (Guernsey) Limited v Glenella Properties Limited [2018]
ICC Jones's decision in McTear v Eade [2019] in relation to provability of debts owed to members and insolvency set-off
decisions on section 214A of the Insolvency Act 1986
further development of the law on repudiation of LLP agreements
the continuing development of the law on discretionary decision making in the light of the Supreme Court decision in BP Shipping v Braganza [2015] and on duties owed by LLP members
decisions on derivative claims:Harris v Microfusion 2003-2 LLP [2016] and Kallakis v AIB Group PLC [2020]
administration orders: Patley Wood Farm LLP v Brake [2016]
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