Partnership

About

Provided by Michelmores LLP

Partnerships continue to be the preferred business structure for many businesses. Making sure that the structure is appropriately tailored to both the needs of the business and the partners themselves requires careful planning.

Our experienced team advises on all aspects of partnership law including:

• the creation and structuring of partnerships, LLP’s and Limited Partnerships
• admission of new partners
• the death or retirement of partners
• the dissolution of partnerships
• Partnership disputes.

Many partnerships either:

• Operate without the benefit of a written partnership agreement; or
• Operate under an outdated partnership agreement which no longer reflects the fact that the business and its partners has evolved into something altogether more complex.

We provide cross sector advice to a wide range of partnership businesses including:

• Professional practices
• Farming partnerships
• Joint Ventures