Partnerships

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Practice notes
Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other administrative procedures have been...
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9th Nov
Practice notes
A demerger is a transaction whereby a business carried on by a company within a group is taken out of that group and run under separate management but...
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9th Nov
Practice notes
This Practice Note examines the law and practice on giving irrevocable commitments or undertakings or letters of intent in the context of a public...
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9th Nov
Practice notes
This Practice Note is part of the Share purchase transaction toolkit.In order to effect all aspects of the transaction, each share purchase...
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9th Nov
Practice notes
This Practice Note focuses on how a company secretary of a public company (as defined) or a private company (as defined) may be removed.It does not...
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9th Nov
Practice notes
Shares in a company may be allotted or transferred to any number of holders (whether they are natural persons or corporate entities) to be held...
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9th Nov
Practice notes
Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, some Companies House filing and other administrative procedures have been...
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9th Nov
Practice notes
Coronavirus (COVID-19) IMPACT: Certain filing and registration deadlines are extended by temporary measures introduced to mitigate the consequences of...
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9th Nov
Practice notes
This Practice Note considers the obligation of an issuer who issues or proposes to issue financial instruments which are within the scope of the...
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9th Nov
Precedents
Definitions Delete the existing definition of ‘Consideration’ in Precedent: Share purchase agreement—pro-buyer—corporate...
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9th Nov
Practice notes
Why restore a company to the register?When a company has been struck off it may be possible for an interested person to make an application to the...
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9th Nov
Practice notes
This Practice Note summarises the traditional fiduciary duties of company directors, including the duty to act in the best interests of the company,...
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9th Nov
Practice notes
This Practice Note provides an overview of the purpose, content and scope of a comfort letter prepared by the auditors of a company preparing to offer...
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9th Nov
Practice notes
What is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as including:•the company’s articles of...
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9th Nov
Practice notes
Company directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration for services as a...
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9th Nov
Practice notes
Coronavirus (COVID-19): Following the coronavirus (COVID-19) outbreak, the London Stock Exchange released a notice to give companies guidance on the...
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9th Nov

Most recent Partnerships content

Practice notes
A limited partnership can be brought to an end by its:•dissolution, or•insolvency (see Practice Note: Ending a limited partnership—what is...
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8th Apr
Practice notes
It will almost always be advisable for the partners of a limited liability partnership (LLP) to enter into a limited liability partnership agreement...
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8th Apr
Practice notes
DDesignated memberThe member of a limited liability partnership designated pursuant to the Limited Liability Partnership Act 2000 who performs certain...
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8th Apr
Practice notes
This Practice Note discusses the formation of a limited partnership under the Limited Partnerships Act 1907 (LPA 1907). It also covers, among other...
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8th Apr
Practice notes
Coronavirus (COVID-19) IMPACT: Certain aspects of the PSC regime are affected by temporary measures introduced to mitigate the consequences of the...
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8th Apr
Practice notes
This Practice Note discusses the provisions of a limited partnership agreement for limited partnerships formed under the Limited Partnerships Act 1907...
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8th Apr
Practice notes
This Practice Note considers the of acts typically carried out by English law partnerships in the context of finance transactions and covers the steps...
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8th Apr
Practice notes
This Practice Note considers the acts typically carried out by limited partnerships (LPs) in the context of finance transactions and covers the steps...
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8th Apr
Practice notes
This Practice Note considers the acts typically carried out by limited liability partnerships incoprorated under English law (LLPs) in the context of...
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8th Apr
Q&As
Due to the impact of the coronavirus (COVID-19), legislation has been adopted to temporarily extend the filing deadlines in respect of a number of...
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8th Apr
Practice notes
This Practice Note considers specific tax provisions relevant only to a limited partnership formed under English law (as opposed to a general...
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16th Mar
Q&As
Effect of death of a partnerA partnership is not a legal entity but is a relationship between partners. It is defined in the Partnership Act 1890 (PA...
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15th Mar
Practice notes
Coronavirus (COVID-19) IMPACT: Certain aspects of the PSC regime are affected by temporary measures introduced to mitigate the consequences of the...
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26th Feb
Q&As
The people with significant control (PSC) regime applies to UK incorporated companies limited by shares or guarantee (including community interest...
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15th Feb
Q&As
The PSC regime applies to UK incorporated companies limited by shares or guarantee (including community interest companies), LLPs, unlimited...
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15th Feb
Q&As
The effect of an abstention on the requirement for unanimity of members will depend on the exact wording of the agreement. If the agreement states...
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15th Feb
Q&As
There is no company or partnership law procedure to convert a general partnership into a company. Although commonly referred to as a ‘conversion’, the...
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15th Feb
Q&As
When the composition of a partnership changes by the death of a partner, section 33 of the Partnership Act 1890 provides that the partnership in...
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15th Feb
Q&As
The rule on joint arrangements is set out in Schedule 1A, Part 3, paras 10–25 of the Companies Act 2006 (CA 2006) which states that if shares or...
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15th Feb

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