Partnership Litigation - A Masterclass

Introduction

This new full day practical masterclass is designed to deal with all of the major issues of partnership litigation from the determination of whether a partnership exists to the taking of the final accounts following winding-up.

It will use practical examples based upon reported cases to highlight problem areas in winding-up cases.

The course is suitable for litigation solicitors or commercial solicitors faced with a partnership dispute.

What You Will Learn

This course will cover the following:

• Rules for the determination of whether a partnership exists
• Capital, capital profits and capital accounts
• The nature of partnership property and its relationship with other forms of co-ownership
• Land as a partnership asset and the importance of partnership accounts
• Goodwill as a partnership asset
• Retirement and expulsion clauses
• Options to purchase partnership interests and valuation issues
• Dissolution by the Court
• The sale of assets following dissolution including Syers v Syers orders
• The completion of transactions after dissolution
• The management of the partnership business pending sale
• The mechanics of winding-up and the taking of accounts
• Section 42 accounts
• Mechanisms for successful compromise
• Limitation issues
• Costs