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Contract – Repudiation. The Companies Court ruled on consequential issues which arose following the main judgment on the claimant's petition alleging unfair prejudice in relation to the affairs of a limited liability company (LLP). Among other things, it considered whether its preliminary view had been wrong in respect of the validity of a third termination letter, giving the claimant notice requiring him to retire as a member of the management committee of the LLP. The court further ruled that the LLP should pay 50% of the claimant's costs, and that he should pay 60% of the LLP's costs in circumstances where the claim to be entitled to a share in the LLP had failed only at the last hurdle, but where the claimant had succeeded on all of the prior steps in the argument.
Contract – Repudiation. The Companies Court ruled on consequential issues which arose following the main judgment on the claimant's petition alleging unfair prejudice in relation to the affairs of a limited liability company (LLP). Among other things, it considered whether its preliminary view had been wrong in respect of the validity of a third termination letter, giving the claimant notice requiring him to retire as a member of the management committee of the LLP. The court further ruled that the LLP should pay 50% of the claimant's costs, and that he should pay 60% of the LLP's costs in circumstances where the claim to be entitled to a share in the LLP had failed only at the last hurdle, but where the claimant had succeeded on all of the prior steps in the argument.
The Bar Council will press for investment in justice at party conferences, the Chancellor’s Budget and Spending Review
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