Wednesday 28 November 2012

UK: England and Wales: limited partnerships and derivative claims

The ICLR, as part of its free case summary service, has published a summary for the recent High Court decision Certain Limited Partners in Henderson PFI Secondary Fund II LLP (a firm) v Henderson PFI Secondary Fund II LLP (a firm) and others [2012] EWHC 3259 (Comm): see here. The summary's headnote reads: "A derivative claim brought by limited partners in a partnership, in the partnership’s name, against the partnership’s manager was permitted where there were special circumstances to justify such a claim."

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