We provide expert advice on all aspects of partnership and LLP structures, practice and regulation to partnerships and individual partners.

Group contact

Penelope Garden

Penelope Garden

Recent examples of work undertaken by the Partnership and LLP group include:

  • advising a national LLP on its constitutional documents and membership terms, including creating different classes of members and methods of remuneration
  • effecting a de-merger of an existing LLP into two separate LLPs and selling part of its business
  • transferring legal title of partnership property from existing individuals into the names of continuing partners and advising on bank lending issues
  • re-structuring an existing property development LLP to reflect changes in the investment structure
  • advising a significant retail partnership on the admission of new investor partners
  • drafting and advising on a transfer agreement and deed of retirement for an accountancy practice
  • advising a lender on the basis on which a partner can grant security over his interest in an LLP
  • advising an LLP on its dissolution