A decision has been taken to wind up a limited partnership - that heralds the end for all concerned… or does it? Can a cause of action which accrued pre-dissolution be litigated by the general partner post-dissolution following the apparent winding up of the limited partnership? The High Court (at least on an interim basis) has said, yes.
This decision is of interest due to the Court's consideration of several issues arising in the context of the dissolution of a limited partnership which have not previously received judicial attention. See our article summarising the key aspects of the case and relevant law here.
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