Lindley & Banks On Partnership | 20th Edition

Description

Lindley & Banks’ book on Partnership provides extensive, authoritative, and practical insights into the legal aspects of both general and limited partnerships. This foundational text, originally published in 1860, offers a thorough analysis of every facet of partnership existence. It delves into topics ranging from the fundamental nature and establishment of partnerships to the typical provisions in partnership agreements, common areas of disagreement, the responsibilities assumed by partners both internally and externally, and ultimately, the processes of dissolution, winding up, and insolvency.

Additionally, the book elucidates the taxation aspects of partnerships. In its twentieth edition, it encompasses all legal modifications since the previous edition, citing relevant UK and Commonwealth legal authorities.

Key Features:

• Fresh and comprehensive information about private fund limited partnerships (PFLPs) as an investment mechanism in light of the Legislative Reform (Private Fund Limited Partnerships) Order 2017 is now available.
• Examines the legal rights of partners to access information and partnership records, the potential influence of the restraint of trade doctrine on the partnership agreement during its ongoing existence, and the relationship between the court’s authority in partnership matters and its powers under TOLATA 1996.
• Incorporates an updated and expanded discussion of the contentious matter of repudiation in partnership law, considering the implications of the Goldstein v. Bishop case and associated legal rulings.
• Examines the consequences of legal cases like Boghani v. Nathoo (regarding rights and obligations under Section 38 of the 1890 Act), Bates van Winkelhof v. Clyde & Co LLP (pertaining to the intersection of employment rights and partnership), and Hosking v. Marathon Asset Management LLP (relating to the equitable doctrine of forfeiture).