Partnerships

Drawing on cross-disciplinary expertise from lawyers in our corporate, employment, tax and dispute resolution practices, Teacher Stern’s partnership team advises partnerships, limited partnerships, limited liability partnerships and individuals across the full spectrum of partnership matters.

Our corporate team regularly advises on the formation and structuring of partnerships and LLPs, as well as on drafting and negotiating partnership and LLP agreements. In doing so, they work closely with members of our tax team who are usually involved at an early stage of the process to ensure that the overall partnership structure works from a tax perspective.

We frequently advise on the admission and retirement of partners, exit strategies, and the termination of partnerships. Where partnerships are wound up on an insolvent basis, our dispute resolution and insolvency teams can provide expert advice on priorities, entitlements and risks.

Our employment team has significant experience in advising partnerships and individuals alike in connection with the enforcement of restrictive covenants.

Representative Partnerships Work

Our typical partnership work includes:

  • Advising on the formation of LLPs and limited partnerships; including drafting and negotiating partnership agreements and LLP agreements.
  • Advising on the tax implications of partnership and LLP structures.
  • Advising on the removal of members and making changes to partnership agreements and LLP agreements.
  • Advising individual partners on joining or leaving partnerships and LLPs, including team moves.
  • Advising on partnership disputes, including disputes between members and an LLP and also between members.
  • Advising on partnership insolvencies and winding up.
  • Advising on the enforceability of post termination restrictions.

Key contacts:

Photo of Claire Rollo

Claire Rollo

Partner Corporate and Commercial
Work 37-41 Bedford Row London WC1R 4JH United Kingdom Tel: +44 (0) 20 7611 2334

Biography

Claire specialises in advising small and medium-sized enterprises (SMEs) across multiple industries. She enjoys guiding entrepreneurs through the intricacies of corporate law, whether it’s working with clients on startups, navigating investment rounds, or managing successful corporate acquisitions and sales.

Claire has a wealth of experience of key corporate areas, including:

  • Mergers & Acquisitions;
  • Joint Ventures and Private Equity Deals: With a particular focus on deals ranging from £5 million to £150 million, Claire is well-versed in navigating complex joint ventures and private equity arrangements;
  • Corporate Real Estate Transactions: Claire has a keen understanding of corporate real estate dynamics, ensuring smooth transactions for her clients;
  • General Corporate Governance Support: Providing invaluable support, Claire offers comprehensive assistance in matters of corporate governance, ensuring her clients’ compliance and strategic alignment;

Beyond her core focus on corporate matters, Claire has extensive experience in negotiating, and advising on a wide array of commercial contracts particularly agency, distribution, and supply agreements for clients in the wholesale and retail sector.

With a client-centric approach, Claire is not just a legal advisor; she’s a trusted partner on the growth of a corporate business. Whether you’re a startup seeking guidance, an investor exploring opportunities, or a business owner contemplating a strategic sale, Claire can provide commercial legal advice and results driven solutions.

Testimonials 

Claire has been named as a Recommended Lawyer in the Legal 500 rankings.

Claire Rollo was insightful, responsive and available’ Legal 500, 2021.

‘The team is clearly very knowledgeable and dedicated to their clients. Their level of technical knowledge is unrivalled by any other. They go above and beyond to deliver the results the clients want. I know I can always depend on their profound expertise and professionalism.’ Legal 500 2024

Year qualified: 1993

Representative experience:-

  • Advised on disposal of corporate entities holding various shopping centres across the UK; including the sale of two high value malls situated at London Underground stations for a combined value of in excess of £150 million and sale of corporate entity holding shopping centre and retail park in South West England for £57 million;
  • Advised on sale of leading creative healthcare marketing consultancy on behalf of its founders to one of the largest independent medical communications and medical marketing specialists;
  • Advised on the sale of a London hotel business with related TUPE, licensing and capital allowance issues;
  • Advised the UK’s leading ethical flower business on the acquisition and merger of the market leading direct to consumer plant delivery service as part of its ongoing business expansion;
  • Advised on de-merger documentation for one of London’s leading accountants for owner managed businesses;
  • Advised numerous overseas investors on the purchase of offshore SPVs holding high value residential properties in London with values ranging from £3 million to over £70 million.

Career:

Teacher Stern LLP 2013

Butcher Burns LLP 1996 -2013 (Partner 2000)