On an appeal in the case of Dhillon v Sandhu (2014 WL 5411909) His Honour Judge Hodge QC (sitting as a High Court Judge) has affirmed the application of sanctions imposed by an unless order made by Chief Master Marsh in the course of the taking of a partnership account. The judgment gives guidance as…
…an historic rock and roll theme… In the case of Achom v Lalic [2014] the claimants (for whom I acted) had reached an understanding with the defendants whereby the defendants would acquire night club premises in Mayfair and the parties would together develop those premises into an exclusive night club with an historic rock and…
… most LLP members are entitled to a number of rights and protections … The Supreme Court has handed down judgment in favour of Ms van Winkelhof in the case of Clyde & Co LLP v Bates van Winkelhof, finding that she was a “worker” within the meaning of section 230(3) of the Employment Rights…
“… The trial judge was entitled to order separate accounts for diversion of profits and for dissolution …” The Court of Appeal yesterday confirmed an award of an interim payment against a partner prior to the taking of a dissolution account. In Mukerjee v Sen (unreported at first instance so far as I am aware)…
“… In these difficult times, in which many professional practices are facing potential or actual insolvency, it is important for “partners” to know what liabilities they face …” Last week’s Court of Appeal judgment in the case of Tiffin v Lester Aldridge LLP [2012] EWCA Civ 35 has brought more certainty to the frequently arising…
“… The classic example that is often given is where a firm has contracted to build a bridge, and dissolution occurs when only half of the bridge has been built …” The recent case of Boghani v Nathoo [2011] EWHC 2101 (Ch) (judgment 2 August 2011) is a useful modern authority relating to the obligation…
The recent case of Eaton v Caulfield & others (an unfair prejudice petition brought under section 994 of the Companies Act 2006, coupled with a just and equitable winding up petition under section 122(1)(g) of the Insolvency Act 1986) highlights the difficulties faced by LLP members who do not have an LLP members’ agreement setting out their…
… most conduct that would have been sufficient to justify a discrimination or sexual harassment claim may well be oppressive and unacceptable and cause anxiety, alarm or distress …It is quite a common occurrence these days to find at the first meeting with a client that he or she has a perfectly good discrimination claim…
“… after a few hours of tight-lipped civility, one or other of the parties … cannot stop himself telling the other party what he really thinks …” There are a number of factors which distinguish partnership disputes from other types of commercial dispute. In consequence, different methods are sometimes required to achieve settlement. In this…
“… the income of the firm may well diminish and/or partners may not account fully or at all for accrued WIP …” Unless there is an express agreement between partners permitting retirement, no partner can retire from a partnership at will. The only way to bring about termination of the relationship is for one or…
