Q&As

What resources do you have on removing an LLP member and entering into a settlement agreement?

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Published by a LexisNexis Corporate expert
Published on: 29 June 2018
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You may find the following materials helpful:

  1. •

    PrACTice Note: Limited liability partnership Agreements—this summarises the default statutory provisions that apply in the absence of a limited liability partnership agreement as well as common provisions of a limited liability partnership (LLP) agreement. There are sections on expulsion, retirement and outgoing Members

  2. •

    Precedent: Deed of retirement from a limited liability partnership—this is a precedent deed of retirement or resignation from a limited liability partnership agreement of an LLP formed under the Limited Liability Partnership Act 2000. It is to be used where a partner/member is retiring/resigning from the LLP

  3. •

    Precedent with checklist: Retiring from

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Member definition
What does Member mean?

A person who has been elected by the local government electors for that area to stand as their councillor.

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