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This area covers how partnerships and limited liability partnerships are formed, managed, dissolved and regulated in England. It includes the rights and duties of partners and LLP members, the drafting of partnership or LLP agreements, and the processes for registration, governance, disputes and winding up under English law and relevant legislation.
A solicitor drafts and negotiates partnership and LLP agreements, assists with formation and registration (including LLPs at Companies House), and advises on fiduciary duties, profit-sharing, admission of new partners, and exit or dissolution. They handle disputes, provide guidance on restructuring, and oversee winding up and distribution of assets in line with statutory provisions.
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