IVA

Insolvency

Escaping liability in professional partnership insolvencies

ByPeter Garry 1 July 20108 April 2023

… It is possible inadvertently to throw away these defences in the course of the process leading up to administration, a PVA and/or IVAs … This article describes the run-up to a professional partnership insolvency, and the choices faced by the partners who control the partnership. It then goes on to identify particular issues faced…

Disputes

Inadvertent discharge of partnership liabilities

ByPeter Garry 21 June 20078 April 2023

… By the time creditors are negotiating terms with partners the firm may have ceased to trade, and the partners may have gone their separate ways … (This article was first published in the Law Society Gazette on 21 June 2007) When a firm fails, major creditors are often prepared to agree to limit each…

Partnerships

Partnerships

IVA

Escaping liability in professional partnership insolvencies

Inadvertent discharge of partnership liabilities

Cobden v Cobden – Syers v Syers revisited – open market sale of partnership farm or buy out by one partner?

Partnership dissolution – can it be used to “exit” a partner?

£3.4m LLP member whistleblowing claim permitted to proceed

The advantages of derivative claims over unfair prejudice petitions