The Business Law Reports
[2015] Bus LR 1172
Chancery Division
Flanagan v Liontrust Investment Partners LLP and others
[2015] EWHC 2171 (Ch)
2015 Jan 20–
23,
26–
28;
Feb 4–
6;
July 24
Henderson J
Partnership— Limited liability partnership— Members— Relationship between limited liability partnership and members governed by partnership agreement— Member contending that partnership in repudiatory breach of agreement following his exclusion from participation in partnership’s business— Whether doctrine of repudiatory breach applicable to multi-party limited liability agreements— Whether default rules governing member’s continuing membership following his acceptance of repudiatory breach—
Limited Liability Partnerships Act 2000 (c 12), s 5