Edward Garston
For more information please contact Edward Garston on 01708 229 444 or by email.
We provide a wide range of legal services to individuals and businesses through our specialist teams of solicitors across our offices.
If you are planning to go into business with one or more partners, you should consider entering into a partnership agreement or setting up a limited liability partnership (LLP). Our solicitors are experts in both advising, creating and managing partnerships and LLPs for business across the region.
Our expert legal team can assist with the following:
A limited liability partnership allows a partner to enjoy limited liability while also participating in the firm’s management. It is a body corporate, and therefore a legal entity separate from its members. An LLP is incorporated by registration at Companies House; it has unlimited capacity and can do anything that a legal person can do.
LLP members have limited liability in that, generally, they do not need to meet the LLP’s liabilities. However, in some circumstances, a member may have to contribute to the LLP’s assets. For example, if a member:
A partnership arrangement exists when two or more individuals collectively decide to run a business and those individuals will agree to share between them the profits which that business may generate and as well as any losses it may suffer. As to how any profits or losses are divided among the individuals will depend entirely on what is agreed between the parties at the time the partnership is formed.
We would strongly advise that a partnership agreement is drawn up to protect the interests of each partner as well as the partnership and to set out clearly matters such as the degree of involvement by each partner in the management and day to day operations of each partner as well as how profits and losses are to be accounted for and distributed.
Partner
Contact us now to book a consultation.
Edward Garston
For more information please contact Edward Garston on 01708 229 444 or by email.
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For help and advice, talk to a member of our team. They can advise on the best options in your matter.
Upminster
Pinney Talfourd Solicitors
54 Station Road
Upminster
Essex
RM14 2TU
DX: 35555 Upminster
T: 01708 229 444
F: 01708 228 163
E: upminster@pinneytalfourd.co.uk
Brentwood
Pinney Talfourd Solicitors
30 High Street
Brentwood
Essex
CM14 4AJ
DX: 5003 Brentwood
T: 01277 211 755
F: 01277 261 154
E: brentwood@pinneytalfourd.co.uk
Hornchurch
Pinney Talfourd Solicitors
40 North Street
Hornchurch
Essex
RM11 1EW
DX: 51004 Hornchurch
T: 01708 511 000
F: 01708 511 040
E: hornchurch@pinneytalfourd.co.uk
Chelmsford
Pinney Talfourd Solicitors
Elizabeth House
28 Baddow Road
Chelmsford
Essex
CM2 0DG
T: 01245 206 684
E: mail@pinneytalfourd.co.uk
Canary Wharf
Pinney Talfourd Solicitors
18th Floor
40 Bank Street
Canary Wharf
London
E14 5AB
By appointment only. Please send all written correspondence to our Upminster office.
T: 020 3105 0305
E: canarywharf@pinneytalfourd.co.uk
Leigh-on-Sea
Pinney Talfourd Solicitors
The Old Gasworks
43 Progress Road
Leigh-on-Sea
SS9 5PR
By appointment only. Please send all written correspondence to our Upminster office.
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