David Reade, KC

Barrister, Littleton Chambers

Having benefited from work experience across a broad spectrum of legal practice his work has refined as his career has developed into his present fields of specialism: Commercial Litigation, Employment Law, Pensions and Sports Law.

His work has embraced appearing at every level of Court in the UK. He has had successful appearances before the Supreme Court and before the Court of Justice of the European Union.

He is the co-author of a number of works on employment law and frequently lectures on all of his areas of specialism.

Contributed to

1

Team moves from an LLP or partnership

Practice Notes

This Practice Note considers the legal issues that may arise in a team move, where two or more partners of the same partnership or members of the same limited liability partnership (LLP) leave that entity and either set up in business on their own account, or join one of the partnership or LLP’s competitors. The Practice Note examines the unlawful conduct that may arise and the nature of the legal duties owed by partners and members, which may arise under the Partnership Act 1890 (PA 1890), the Limited Liability Partnerships Act 2000 (LLPA 2000) and the default provisions of the Limited Liability Partnerships Regulations 2001, SI 2001/1090 (LLPR 2001). The importance of express terms in partnership deeds and LLP agreement is explained. Practical issues are outlined and issues relating to garden leave and post-termination restrictions, which may apply in relation to competition, solicitation or poaching of clients and/or other employees, are explained. Finally, remedies are examined, including springboard relief.

Employment