The Law Of Limited Partnerships Under The Limited Partnerships Act 1907

This consultation paper forms part of the joint review of partnership law, undertaken at the request of the Minister of State at the Department of Trade and Industry. Part 2 gives a brief overview of the existing law; Part 3 discusses the formal requirements for establishing and operating a limited partnership; Part 4 examines the liability and role of the limited partner and the withdrawal of capital; Part 5 discusses the rights and obligations of partners; Part 6 lists consultation questions and provisional proposals of the joint Commission.

An understanding of partnership is vital not only to professional legal advisers, but to all those considering or carrying on business in partnership. This book provides clear and comprehensive guidance on the law and related practical issues applicable to general and limited partnership. Topics covered include: setting up a partnership; the relationship between partners; liability to third parties; dissolution; and insolvency. The comparative merits of other forms of business organisation are also considered, including the proposed limited liability partnership. are separate chapters explaining the new Civil Procedure Rules as they apply to actions between partners, and by and against partnerships. The book contains the Partnership Act 1890 and the Limited Partnerships Act 1907, coverage of recent cases, such as Joyce v Morissey and Others; Nationwide Building Society v Lewis and Another; Re Kyrris (No 2); HRH Prince Jefri Bolkiah v KPMG (A Firm) and a sample partnership agreement (with cross-references to the relevant sections of the book). This book will prove indispensable to the busy practitioner, combining as it does thorough coverage of the law with practical advice.

A comprehensive guide to the Companies Act and Limited Partnerships Act of 1907 with detailed explanations of rules, regulations, and forms. This book is a must-have reference for legal professionals and corporate executives. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.