Law of Limited Liability Partnerships

The Law of Limited Liability Partnerships, Fifth Edition is a comprehensive book that provides advice on the legal and taxation aspects of incorporating and running an LLP. It offers a comparative analysis of the UK LLP structure and those being enacted overseas, and includes coverage of key decisions and developments in the law.

\n Format: Hardback
\n Length: 800 pages
\n Publication date: 29 June 2021
\n Publisher: Bloomsbury Publishing PLC
\n

The Law of Limited Liability Partnerships,Fifth Edition is a comprehensive and essential resource for anyone seeking guidance on the legal and taxation aspects of incorporating and managing a Limited Liability Partnership (LLP). This invaluable book combines concise descriptions, practical advice, and in-depth analysis of complex problem areas, making it an indispensable tool for legal professionals, accountants, and business owners alike.

In addition to its domestic focus, the Fifth Edition offers an international perspective through a comparative analysis of the LLP structure in the United Kingdom and those being enacted overseas in Canada, Dubai, India, Japan, Qatar, Singapore, the United States, and other jurisdictions. This comparative analysis provides valuable insights into the unique challenges and opportunities presented by operating LLPs across different legal systems.

Comprehensively covering the law of LLPs in England and Wales, the Fifth Edition includes detailed coverage and analysis of several key developments. These include:

Newey J's decision in Hosking v Marathon Asset Management LLP [2017], which examines the application of the fiduciary forfeiture rule to LLP profit sharing.

The Court of Appeal decision in Grupo Mexico de CV v Registrar of Companies [2019], which addresses the rectification of companies and LLP registers.

Recognition of the limited liability of foreign LLPs in light of the Privy Council decision in Investec Trust (Guernsey) Limited v Glenella Properties Limited [2018].

ICC Jones' decision in McTear v Eade [2019], which deals with the provability of debts owed to members and insolvency setoff.

Decisions on section 214A of the Insolvency Act 1986, which governs the winding up of LLPs.

Further development of the law on repudiation of LLP agreements.

The ongoing evolution of the law on discretionary decision-making in the context of the Supreme Court decision in BP Shipping v Braganza [2015] and the duties owed by LLP members.

Decisions on derivative claims in Harris v Microfusion 2003 LLP [2016] and Kallakis v AIB Group PLC [2020].

Administration orders in Patley Wood Farm LLP v Brake [2016], which highlight the importance of LLP administration.

Specialist contributors have written chapters on various topics, including Financial Services Regulation and LLPs, Taxation of LLPs, Members and Discrimination, and Whistleblower Protection. These chapters provide in-depth insights and practical guidance on the key issues faced by LLPs in today's legal and business landscape.

In conclusion, The Law of Limited Liability Partnerships,Fifth Edition is a must-have resource for anyone involved in advising on the legal and taxation aspects of incorporating and managing an LLP. With its comprehensive coverage, practical advice, and international perspective, this book is an invaluable tool for legal professionals, accountants, and business owners seeking to navigate the complex world of LLPs. Whether you are a seasoned professional or just starting out, this book will provide you with the knowledge and expertise you need to succeed in this field.

\n Weight: 1430g\n
Dimension: 165 x 256 x 51 (mm)\n
ISBN-13: 9781526516695\n
Edition number: 5 ed\n