A business partnership may exist where two or more people carry on business together with a view to making a profit.
No formal registration or incorporation process is necessary and a legally binding partnership can arise unintentionally.
Whilst relatively easy to create, ending a business partnership can be difficult. It is extremely common for disagreements to arise between business partners.
The breakdown of commercial partnerships can be acrimonious. Our litigation team provides advice on the complexities of partnership law (including limited liability partnerships) and will help you find a workable solution. We can also draw on the expertise of accountants, valuers and other expert contacts.