Presenters:

Gerard Dale – Partner, Dentons Kensington Swan

Sarah Gibbs – Senior Associate, Dentons Kensington Swan

Synopsis:

Is the partnership structure still relevant in the 21st century? What is a partnership and how do you know if you’re in one? How do you establish a partnership and what are the common issues and pain points? This paper will provide a general update on partnership law with reference to the Partnership Law Act 2019, drafting Partnership Agreements and some of the crunchy areas in reality. 

These materials will help you:

• Gain a better understanding of what constitutes a partnership at law.
• Get to grips with the mandatory provisions of the Partnership Law Act 2019 and what is negotiable.
• Learn how to recognise accidental partnerships and the implications of them.
• Develop a better understanding of Partnership Agreements and the key matters usually covered.
• Delve into real-life issues like joining or exiting a partnership and roles and remuneration.

Intended audience:

Commercial lawyers: junior to intermediate, or those more senior seeking a refresher; or those entering a partnership.