This Overview is a guide to the content within Lexis®PSL Employment's Partnerships and LPPs subtopic, with links to the appropriate materials.
The Partnership Act 1890 (PA 1890) sets out the legal framework that applies to general partnerships.
A partnership under the PA 1890 is described as the relationship that subsists between persons (which includes individuals or corporate entities) carrying on a business (which includes every trade, occupation and profession) in common with a view of profit.
The PA 1890 does not provide a complete code of partnership law and expressly preserves the rules of equity and common law applicable to partnerships.
An overview of general partnerships, aimed at providing employment lawyers with the essentials of the topic, such as forming a general partnership and continuing obligations, general partnership agreements and the default provisions that may apply under the PA 1890 and dissolution, may be found in Practice Note: General partnerships—overview.
Further, more detailed, guidance is contained in the following Practice Notes, Flowchart and Checklists :
The nature of a general partnership and its legal framework
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