Docklands Solicitor
Latest legal news from Docklands Solicitors, Kaslers Solicitors LLP.
Tuesday, 15 February 2011
LLP - Put agreement into writing
A recent dispute within a limited liability partnership took up many days of court time because the parties had not put their agreement into writing and so it turned out after all that time in court, they had not verbally agreed certain key elements - such as whether there was a right to expel an LLP partner .
Their saving of a modest amount in not going to a solicitor at the outset cost them many thousands of pounds when the dispute arose
The moral is of course: put your LLP agreement into writing
Their saving of a modest amount in not going to a solicitor at the outset cost them many thousands of pounds when the dispute arose
The moral is of course: put your LLP agreement into writing
Labels: limited liability partnership LLP agreement writing
# posted by michael @ 09:00 
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