Partnerships Experience
Charterhouse (Accountants) LLP
Farming partnership disputes
Acting in more than 10 substantial farming partnership disputes, including a Court of Appeal case, a successful challenge in the High Court to a Court appointed receiver, arbitrations and numerous mediations.
Partnership structures
Setting up a number of partnership structures for clients of Charterhouse (Accountants) LLP to enable tax-efficient profit-extraction. This has included setting up hybrid partnership between individuals and companies, advice on TUPE and restrictive undertakings, property and other transfer work.
Departing partners
Advising more than ten departing partners from a firm of solicitors.
Forming Albion Partnership
Establishing Albion as the bid vehicle for the mbo of Close Ventures Limited and advice on internal constitution. Albion is an LLP the members of which were the senior management of Close Ventures; Close Ventures is also a member of Albion. The transaction involved complex provisions reflecting classic private equity articles through a members' agreement, while not losing the partnership ethos.
Regional solicitors
Advising a regional solicitors' partnership on the departure of an equity partner and the potential for claims against by and against it leading to a negotiated settlement and the restructuring of the partnership for merger.
Advising opticians
Advising two partners of a five partner opticians' firm on the dissolution of the partnership including a dissolution deed and formation of their own practices.
Advising architects
Advising partners in a firm of architects in relation to the terms of their partnership agreement and their relationship with other partners.
Advising accountant
Advising an accountant on his retirement from a multi-office regional practice and his employment as a consultant.
Family limited partnerships
Setting up a number of Family limited partnerships.