Our team has substantial expertise in assisting and advising LLPs, LPs, traditional partnerships, members and partners to resolve their disputes. In addition to advising clients in traditional professional services sectors, we also work at the cutting edge of LP and LLP disputes in the financial sector, such as acting for hedge funds.
We are particularly experienced in:
- high-value and complex disputes between partners
- disputes arising out of the winding up or dissolution of partnerships
- team moves
- enforcing or resisting restrictive covenants
- forced retirements
- the de-equitisation of members or partners
- breach of “good leaver” and “bad leaver” provisions
- breach of duties.
Such actions are sometimes particularly sensitive, and we understand that the parties are normally keen to avoid the expense and disruption of court litigation or arbitration proceedings. As a result we often advise the use of negotiation or mediation to find swift, commercial, discreet and pragmatic solutions which enable the parties to continue to work together. Where that is not possible we often help find a managed exit from the relationship by one party, on agreed terms.
We focus on protecting reputations, improving prospects and managing financial exposure in a cost-efficient way. Where pre-action settlement is not possible, we are experienced in bringing and defending both English High Court proceedings and arbitration proceedings. Some of our partnership cases are international and involve proceedings in multiple jurisdictions.
We are also actively involved with the Association of Partnership Practitioners, the leading professional organisation in this field of work.