Acting for a firm of head hunters in drawing up a LLP members' agreement using corporate tax partners for tax efficient profit extraction.
Partner Expulsions and Retirements
Advising two chartered accountants in connection with payments due to them following their retirement from a firm where disputes arose over the valuation of goodwill and other assets.
Advising a firm of accountants on the departure of a partner who had been underperforming for many years where there was no provision for compulsory retirement in the partnership agreement.
Advising a US law firm on its ability to practice US and UK law in the UK and methods of efficient profit extraction and repatriation to the US practice.
Advising a veterinary practice on recent changes concerning proposed new rules from the Royal College of Veterinary Surgeons relating to referral practices.
Acting for the partners of Robson Taylor in connection with their merger with Baker Tilly.
Acting for the partners of Richardson Groves in connection with their merger with Baker Tilly.
Acting for a Gloucestershire based firm of solicitors in connection with its merger with another local practice.
Advice to New Partners
Providing independent advice to numerous prospective partners on the terms of their admission to partnership/as members of LLPs in the legal and accountancy professions including reviewing partnership/members agreements, deeds of adherence and undertaking legal due diligence.
Partnership and LLP Disputes
Acting for the claimants in connection with a heavily contested solicitor LLP practice which included injunction proceedings and a claim for unfair prejudice under section 994 Companies Act 2006.
Acting for one party to arbitration proceedings in connection with an accounts dispute following the demerger of a commercial law firm.
Acting for a GP partner in connection with an alleged wrongful expulsion.
Acting for a horticulture business in relation to various longstanding disputes including in relation to unsigned partnership accounts.