Limited 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 Limited 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 limited partnershipsThis Practice Note considers specific tax provisions relevant only to a limited partnership formed under English law...
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15th Aug
Precedents
Limited partnership agreementThis limited partnership Agreement is made on [insert day and month] 20 [insert year]Parties1[insert name of general...
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12th Aug
Precedents
Minutes—general partner (LLP)—limited partnershipregistration number: OC: [insert registration number][insert name] LLP acting in its capacity as the...
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12th Aug
Precedents
Most favoured nation (MFN) provisions—limited partnership agreementAdd new clause 14 to Precedent: Limited partnership agreement or new clause 16 to...
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12th Aug
Precedents
Deed of retirement—limited partnership agreementThis Deed of retirement is made on [insert day and month] 20[insert year]Parties1[insert name of...
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12th Aug
Precedents
Board minutes—general partner (private limited company)—limited partnershipCOMPANY number: [insert company number][insert COMPANY name] LIMITED acting...
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12th Aug
Precedents
Limited partnership agreement—private fund limited partnershipThis limited partnership Agreement is made on [insert day and month] 20 [insert...
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12th Aug
Precedents
Deed of adherence—limited partnership agreementThis Deed of adherence is made on [insert day and month] 20[insert year]Parties1[insert name of new...
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12th Aug
Precedents
Written resolution—general partner (LLP)—limited partnershipregistration number: [insert number]Written resolution[s] OF[insert name] LLP(the LLP)...
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12th Aug
Practice notes
Ending a limited partnership—dissolution by the courtA limited partnership can be brought to an end by its:•dissolution, or•insolvency (see Practice...
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12th Aug
Practice notes
Ending a limited partnership—dissolution otherwise than by the courtThis Practice Note discusses limited partnerships (as defined) formed under the...
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12th Aug
Practice notes
The nature of a limited partnership and its legal frameworkSources of limited partnership lawThe main body of law governing a limited partnership...
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12th Aug
Practice notes
Most favoured nation provisions and their use in private equity fundsIP COMPLETION DAY: The Brexit transition period ended at 11pm on 31 December...
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Produced in partnership with William Jones of RPC 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 limited partnership—what is dissolution?A limited partnership formed under the Limited Partnerships Act 1907 (LPA 1907) can be brought to an...
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12th Aug
Practice notes
Limited partnership agreementsThis Practice Note discusses the provisions of a limited partnership agreement for limited partnerships formed under the...
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12th Aug
Practice notes
Ending a limited partnership—solvent winding-upThis Practice Note discusses limited partnerships formed under the Limited Partnerships Act 1907 (LPA...
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12th Aug
Practice notes
Forming a limited partnership and continuing obligationsThis Practice Note discusses the formation of a limited partnership under the Limited...
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12th Aug
Practice notes
Limited partnerships—insolvency From 8 December 2017, The Insolvency (Miscellaneous Amendments) Regulations 2017, SI 2017/1119 apply to modify the...
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12th Aug

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