Partnership Law, 7th Edition

The 7th edition of Partnership Law explores issues arising from the formation, operation and dissolution of Partnerships, LPs and LLPs. Mark Blackett Ord, Sarah Haren and Mathew Roper also uncover the answers to questions that can arise in disputes between partners, ex-partners and outsiders.

This fully revised and updated new edition will include coverage of:

• the effect of the Economic Crime (Transparency and Enforcement) Act 2022 on limited liability partnerships (“LLPs”) and their members.
• the practice of using Limited Partnerships as venture capital vehicles
• Boyle v Burke (2019) EWHC 3364 and the High Court consideration of how dissolution of a partnership can be achieved
• discussion around Joseph v Deloitte (2020) EWCA Civ 1457, and the Court of Appeal holding that a time limit restricting the amount of time for an expelled partner to appeal to a full majority partnership, could be extended if inequitable
• consideration of Malik v Hussain, a long-running piece of partnership litigation, giving rise to a number of noteworthy decisions including one on the effect of a “backdated” partnership deed and scope of partnership assets
• lessons learnt from international law including Khalil v Ball (2022) 109 NSWA 348, where the Court of Appeal in New South Wales considered the working of the principle that a partnership liability for misappropriation is both joint and several with the consequence that the release of one releases them all: for different remedies might lie against different parties according to which of them took a wrongful profit

Partnership Law is an essential read and resource for experienced and entry level practitioners working in a complex area of law and practice.