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Lindley & Banks on Partnership
Lindley & Banks on Partnership
20th Edition, 1st Supplement
Practice Area:  Partnerships
ISBN:  9780414069329
Published by:  Sweet & Maxwell
Publication Date:  30 Nov 2018
Subscription Information:  Non-Subscribable Product
Format:  Paperback
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Lindley & Banks on Partnership gives you comprehensive, authoritative and practical coverage of the law relating to both general and limited partnerships. This seminal text on partnerships, first published in 1860, gives you detailed commentary on all aspects of the life of a partnership, from its nature and formation to the usual contents of a partnership agreement and common areas of dispute, the liabilities undertaken by partners both internally and externally and, finally, to dissolution, winding up and insolvency. It also explains how partnerships are taxed. This supplement to the 20th edition covers all legal changes since the last edition, with reference to UK and Commonwealth authorities where relevant.


Key changes covered in this supplement:

  • Covers all relevant tax changes since the 20th Edition
  • Notes the extensive changes to the Insolvent Partnerships Order 1994 by the Insolvency (Miscellaneous Amendments) Regulations 2017
  • Considers among other cases Cheema v Jones (on partnerships at will), Kotak v Kotak (on partners’ authority to borrow), Smith v Smith (an unreported case concerning the rights of surviving partners), the decision on appeal in Roberts v. Wilsons Solicitors LLP (questioning views expressed by the editor in the 20th Edition) and the Australian decision in Commissioners of State Revenue v. Danvest Pty Ltd (regarding the nature of a partnership share).
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