The Law of Limited Liability Partnerships

John Whittaker (now Consultant Editor) was a barrister at leading chancery/commercial chambers Serle Court until his retirement. John Machell QC is a barrister at leading chancery/commercial chambers Serle Court. He has a broad commercial chancery practice, and particular experience of large-scale litigation involving fiduciary duties, fraud and trusts, particularly with an international dimension. He is regarded as one of the leading partnership and LLP silks and has experience of a wide range of both contentious and non-contentious matters across the whole range of business sectors. An increasing part of his work involves issues arising from the use of partnerships and LLPs in hedge fund and private equity structures; in international commercial group structures; and as part of wealth planning strategies. John also now acts as an arbitrator and as an expert pursuant to expert determination agreements; and has conducted internal inquiries on professional conduct and other matters for firms of solicitors. "A very highly regarded silk with a strong commercial chancery practice, who is a recognised expert on partnership cases" - Chambers & Partners 2015

Chapter 1 Overview and Introductory Matters
Chapter 2 Incorporation
Chapter 3 The Corporate Entity
Chapter 4 Formalities and Requirements after Incorporation
Chapter 5 The LLP and the Outside World
Chapter 6 Charges and Debentures
Chapter 7 Conversion from a Partnership
Chapter 8 Membership: General Matters
Chapter 9 Employment and Worker Status
Chapter 10 The LLP Agreement: General Principles
Chapter 11 The LLP Agreement: Contents
Chapter 12 Designated Members
Chapter 13 Duties and Responsibilities of Members
Chapter 14 Rights, Indemnities and Protection of Members
Chapter 15 Discrimination and Whistleblower Protection
Chapter 16 Funding and Profi ts and Losses
Chapter 17 The Business and Affairs of the LLP: Conduct and Decision-Making
Chapter 18 The Member and the Outside World
Chapter 19 Cessation of Membership and its Consequences
Chapter 20 UK Financial Services Regulation and LLPs
Chapter 21 Accounts and Audit
Chapter 22 The Appointment and Position of Auditors of LLPs
Chapter 23 Taxation of LLPs and Members
Chapter 24 Investigations and Striking Off
Chapter 25 LLPs in Other Jurisdictions
Chapter 26 Foreign Connections and Dealing with Overseas LLPs
Chapter 27 Insolvency and Winding Up of LLPs: A General Introduction
Chapter 28 Voluntary Arrangements
Chapter 29 Administration
Chapter 30 Receivership
Chapter 31 Commencement of Winding Up
Chapter 32 Unfair Prejudice and Just and Equitable Winding Up
Chapter 33 Conduct of the Liquidation
Chapter 34 Misfeasance and Adjustment of Prior Transactions
Chapter 35 Completion of the Winding Up and Dissolution
Chapter 36 Arrangements and Reconstructions
Chapter 37 Disqualification
Appendix 1 Limited Liability Partnerships Act 2000
Appendix 2 Limited Liability Partnerships Regulations 2001, SI 2001/1090