Bank Notes

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E - Expulsion


24/7/15

FLANAGAN v LIONTRUST INVESTMENT PARTNERS LLP [2015] EWHC 2171 (Ch) 

A purported attempt to expel an LLP member was invalid.  But an ineffective attempt to expel could not be treated as a repudiatory breach of contract as the doctrine of repudiatory breach is not applicable to LLP agreements.  Also considers the extent of any duty of good faith between members.




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