General partnerships

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Practice notes
A guide to share purchase agreementsThis Practice Note provides an overview of the agreement for the sale and purchase of shares in a private limited...
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19th May
Practice notes
De facto and shadow directorsDefinition of 'director'The Companies Act 2006 (CA 2006) broadly defines a director as 'any person occupying the position...
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19th May
Practice notes
Tailoring a shelf companyA person wishing to set up a new company has the following options:•they can incorporate a new company in accordance with the...
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19th May
Practice notes
Alternate directorsThis Practice Note considers the appointment and removal of alternate directors, their status, powers, duties and liabilities and...
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19th May
Practice notes
Non-executive directors—independenceThe concept of independence is key to provisions in the UK Corporate Governance Code (UKCG Code) on board...
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Produced in partnership with Advanced Boardroom Excellence 19th May
Practice notes
G20/OECD Principles of Corporate GovernanceThis Practice Note discusses the Principles of Corporate Governance (Principles) published by the Group of...
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Produced in partnership with Professor Brenda Hannigan of University of Southampton 19th May
Practice notes
The Prospectus Regulation—key changes in comparison to the Prospectus Directive regimeThis Practice Note provides an overview of the implementation of...
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19th May
Q&As
Can a capital contribution/gift by a shareholder be treated as distributable reserves?The issue is whether capital contributions or gifts by a...
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Produced in partnership with Brenda Hannigan of Southampton University 19th May
Practice notes
The Transparency DirectiveThis Practice Note provides an overview of the implementation of and key changes introduced by the EU Transparency Directive...
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Produced in partnership with Mr Darragh Connell of Forum Chambers 19th May
Practice notes
Sub-division and consolidation of sharesIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period...
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19th May
Practice notes
Insider listsThis Practice Note considers the obligation of an issuer who issues or proposes to issue financial instruments which are within the scope...
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19th May
Practice notes
General meetings—notice requirements for private and unlisted public companiesA general meeting must satisfy certain requirements set out in the...
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19th May
Practice notes
Notifying changes in share capital to Companies House—statement of capitalCoronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some...
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19th May
Q&As
Will a redesignation of shares constitute a variation of class rights?A redesignation of shares involves a change in the name of some or all of a...
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Produced in partnership with Julian Henwood of Gowling WLG 19th May
Q&As
What is the process for a redesignation of shares?This Q&A examines how a company may carry out a redesignation of shares, meaning a change in the...
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19th May
Practice notes
Financial assistance—a quick guideThe Companies Act 2006 (CA 2006) prohibits: •a public company (or its subsidiary) from giving financial assistance...
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19th May

Most recent General partnerships content

Practice notes
SDLT and partnerships—general principles and ordinary transactionsThis Practice Note sets out the general treatment of partnerships for stamp duty...
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Produced in partnership with Kevin Griffin 24th Aug
Practice notes
Taxation of general partnershipsThis Practice Note is about the tax treatment of a general partnership formed under English law (as opposed to a...
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19th Aug
Q&As
How do you wind-up a partnership following a dispute between the partners? What is the general procedure, fee payable and form of the claim?How to...
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18th Aug
Practice notes
Incentivising partners in a partnership structureIntroductionPartnerships of all sizes often struggle to devise a remuneration structure for their...
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Produced in partnership with Tony Williams of Jomati Consultants LLP 15th Aug
Precedents
Minutes of a partners’ meeting[insert name of partnership] Minutes of a meeting of the partners (the Meeting) of [insert name] (the Partnership)Held...
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12th Aug
Precedents
Partnership agreement—short formThis Partnership Agreement is made on [insert date]Parties1[insert name of partner], of [insert address of...
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12th Aug
Precedents
Deed of dissolution of partnership—sale to third partyThis Deed of dissolution is made on [insert date] Parties1Each of the persons whose names and...
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12th Aug
Precedents
Partnership agreementThis Partnership Agreement is made on [date]Parties1[Name of partner], of [address]2[Name of partner], of [address]3[Name of...
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12th Aug
Precedents
Written resolutions of the partners of a general partnershipWritten resolution[s] OF[insert name] (the Partnership)Circulated on [insert circulation...
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12th Aug
Precedents
Deed of dissolution of partnership—continuing partnersThis Deed of dissolution is made on [insert date] Parties1Each of the persons whose names and...
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12th Aug
Precedents
Deed of adherence to partnership agreementThis Deed of adherence is made on [insert day and month] 20[insert year]Parties1[insert name of new partner]...
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12th Aug
Precedents
Deed of variation of partnership agreementThis deed of variation is made on [insert day and month] 20[insert year].Between each of the persons whose...
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12th Aug
Precedents
Deed of retirement from partnershipThis Deed of retirement is made on [insert day and month] 20[insert year]Parties1[Insert name of retiring partner]...
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12th Aug
Practice notes
Ending a general partnership—what is dissolution?A partnership formed under the Partnership Act 1890 (PA 1890) can be brought to end by...
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12th Aug
Practice notes
Ending a general partnership—dissolution otherwise than by the courtThis Practice Note discusses partnerships (as defined) formed under the...
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12th Aug
Practice notes
Forming a general partnership and continuing obligationsThis Practice Note discusses the conditions that need to be satisfied to form a general...
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12th Aug
Practice notes
Partnerships—glossary of termsDDesignated memberThe member of a limited liability partnership designated pursuant to the Limited Liability Partnership...
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12th Aug
Practice notes
Ending a general partnership—solvent winding-upThis Practice Note discusses partnerships formed under the Partnership Act 1890 (PA 1890) governed by...
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12th Aug
Practice notes
The nature of a general partnership and its legal frameworkSources of partnership lawThe main body of law governing a general partnership formed under...
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12th Aug
Practice notes
Ending a general partnership—dissolution by the courtA partnership can be brought to end by its:•dissolution (see Practice Note: Ending a...
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12th Aug

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