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Join the team from Fox & Partners for our new practical podcast series, based on scenarios from our day-to-day practice. We are a City firm of specialist partnership and employment lawyers, with particular expertise in dispute resolution and litigation. Our clients include senior executives, as well as partners, members, partnerships and LLPs in the legal and financial services sectors, and corporate organisations. The content of this podcast is not legal advice and is not intended to provide more than general commentary on the subject matter. Specialist employment or partnership law advice should always be sought about your specific circumstances.
Episodes
Monday May 09, 2022
Episode 8: Derivative actions in the LLP context
Monday May 09, 2022
Monday May 09, 2022
In our latest podcast our partner Dean Fuller and Associate Eleanor Diamond examine a lesser-known remedy that members of an LLP may consider when they have suffered loss due to actions of the majority, opening up the possibility for members to bring their claim using the firm’s funds. There are number of recent cases which are of particular importance when considering derivative actions in the LLP context and, in the light of these, Dean and Eleanor discuss:
- The potential for members to bring actions on behalf of the LLP against a wrongdoing majority
- What we can learn from recent case law in this area
- The advantages and potential pitfalls of bringing derivative actions
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