Forfeiture & Fiduciary Duties in Partnerships & LLPs - The Current Position

Introduction

Can a firm forfeit the profit share of a partner or member if they are in breach of fiduciary duty?

This area is a battle ground of growing practical importance.

This webinar will provide an up-to-date review of the legal framework and its practical application.

What You Will Learn

This webinar will cover the following:

• When do partners and members owe fiduciary duties?
• What are the key areas where you are likely to see breaches of fiduciary duty?
• What is the up-to-date law on whether partner or member profit share can be forfeited - unpacking the legal principles
• What are the limits on forfeiture?
• How do firms deploy this as a weapon?
• How can the individual fight this attack?
• Practical consequential tips for drafting agreements
• Best practice and an up-to-date review of the law in this area

This webinar was recorded on 13th July 2023

You can gain access to this webinar and 2,101 others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.