Lindley & Banks on Partnership

Now in its 19th edition, Lindley & Banks on Partnership gives you comprehensive and practical coverage of the law relating to both general and limited partnerships.ESSENTIAL EXPOSUREThis title takes you through all aspects of the life of a partnership, from its nature and formation to the usual contents of a partnership agreement, common areas of dispute, the liabilities undertaken by partners both internally and externally and, finally, to dissolution, winding up and insolvency.Throughout the book, you will find detailed chapters on complex topics in this area of law. For instance, the chapter on partnership agreements not only identifies the usual clauses to be found in such an agreement but also identifies particular topics to be covered and the disputes likely to arise in relation to each. Attention is also given to potential implications of the duty of good faith owed between partners.This edition also offers updated and expanded coverage on the application of the discrimination legislation and the doctrine of repudiation to partnerships. It explores the effect of recent amendments to the Civil Procedure Rules and the impact of Stamp Duty Land Tax.Through its clear and concise interpretation and explanation of this complex area of law, it delivers the highest level of practical insight and advice.NEW FOR THE 19th EDITION:

New chapter on Stamp Duty Land Tax and its implications for partnership

Fully analyses the application and effect of the doctrine of repudiation on partnerships

Coverage of key new cases since the last edition, such as:

Mullins v Laughton

Conlon v Simms

M Young Legal Associates Ltd v Zahid

Hammonds v Jones

Dave v Robinska

UNRIVALLED ANALYSIS OF PARTNERSHIP LAW

Analyses recent case law and legislation, commenting on their relevance, direct and indirect implications

Examines the formation of partnerships and the content of partnership agreements

Details the relationships between partners, and between partners and third parties

Considers potential pitfalls and causes of disputes offering practical advice on avoiding and resolving them

Frequently cited in court, Lindley & Banks on Partnership gives expert advice you can rely upon

CONTENTSPart One:The Nature of a Partnership Definition of Partnership

General Nature of a Partnership

Capacity of Partners

Rules for Ascertaining the Existence of a Partnership

Consideration for a Contract of Partnership

Evidence by which a Partnership May Be Proved

Illegal Partnerships

Duration of Partnership

Part Two:Formation of a Partnership by Formal Agreement Partnership Agreements

Corporate and Group Partnerships

Part Three:The Rights and Obligations of Partners as Regards Third Parties The Liability of a Partner for the Acts of his Co-Partners

The Nature and Duration of a Partner’s Liability to Third Parties

Actions by and Against Partners

Part Four:The Rights and Obligations of Partners Between Themselves Management and Decision Making

The Duty of Good Faith

Partnership Capital

Partnership Property

Partnership Shares

The Financial Rights and Duties of a Partner

Ascertainment and Division of Profits

Partnership Accounts

Actions Between Partners

Part Five:Dissolution and Winding-Up Dissolution and its Causes

Winding-Up of the Partnership Affairs

Death of a Partner

Insolvency

Part Six:Limited Partnerships Nature, Formation, Duration and Registration of Limited Partnerships

The Rights and Obligations of Partners as Regards Third Parties

The Rights and Obligations of Partners Between Themselves

Dissolution and Winding-Up

Insolvency

Part Seven:Taxation

Income Tax

Capital Gains Tax

Inheritance Tax

Value Added Tax

Stamp Duty Land Tax

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