Profile: Partnership and Joint Ventures
Experience and Expertise
Tom is instructed in various disputes between partners and relating to joint ventures. These often involve other areas of law from contract law to company, insolvency and trusts.
Cases and Work of Note
- acting for two partners in a dispute with a third partner over funds wrongfully diverted from the business and about the ownership of properties worth several million pounds;
- acting for three partners in a dispute with a fourth partner as to the ownership of a development site. The fourth partner stopped meeting his financial obligations to the partnership forcing the other partners to pay off his share of £1.3m loan that had fallen due as well as other expenses. Problems arose following the financial crisis of 2008;
- acting for two shareholders in quasi-partnership where third shareholder was suspected of embezzling funds and making false entries in the accounts;
- acting for sole shareholder and founder of a successful company in an attempt to stop a director fraudulently allocating himself shares and thereby seeking to wrest control of the company from the client.