Putting the right business model in place is fundamental to ensuring a company’s success. When it comes to joint ownership the right partnership model allows an organisation to reflect and reward different contributors appropriately, from those working in the business, to its investors and financiers.
If you are considering a joint ownership arrangement our lawyers are well placed to help you find the model which is best suited to your business, and can continue to advise you in reviewing that model when circumstances change. We also work with individuals on issues arising on joining and leaving a partnership, whether an LLP or a traditional unincorporated partnership, in terms of liabilities and obligations owed to and by fellow members.
We can advise you on:
- Choice of vehicle
- Corporate governance including management structures
- LLP members’ agreements and partnership agreements
- Disputes
- Tax implications of membership
- Conversion of partnerships to LLPs
- Transfer of LLP structures into companies.
Professional practice
We advised a professional practice on governance structures following international development.
Financial services LLP
We advised a member of a financial services LLP on the nature of her obligations and liabilities arising out of accepting membership, and steps to safeguard her interest.
Professional partnerships
We advised a number of professional partnerships including accountants, architects, medical professionals and investment managers on structuring of their businesses using LLPs.
Theatre producers
We advised theatre producers on the use of LLPs as vehicles through which to produce a variety of well-known West End shows.
Sports marketing agencies
We advised senior members of well-known creative, advertising and sports marketing agencies on conversion to LLP status and their rights and obligations as members of an LLP.
LLP
We advised an LLP on rights to remove members and financial liabilities arising.
Rhys Llewellyn
Partner
E: rhys.llewellyn@harbottle.com
T: +44 (0)20 7667 5000
Yvonne Gallagher
Partner
E: yvonne.gallagher@harbottle.com
T: +44 (0) 20 7667 5000
Colin Howes
Legal Consultant
E: colin.howes@harbottle.com
T: +44 (0)20 7667 5000
Howard Hymanson
Partner
E: howard.hymanson@harbottle.com
T: +44 (0)20 7667 5000
