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Another case on the rights of limited partnersBy Miguel Pereira
There has been a further case in the last few months which has looked at the rights of partners of limited partnerships. Whilst this case does not create ground breaking law, it does help us to clarify and understand certain matters relating to the rights of limited partners. In the case of Certain Limited Partners in Henderson PFI Secondary Fund II LLP (firm) v Henderson PFI Secondary Fund II LP (a firm) and others, the High Court held that limited partners in a limited partnership had the right to pursue a derivative action against the third party investment manager who had been delegated the task of investment management by the general partner of the limited partnership.
Establishing a business presence in the UK
Establishing an operating subsidiary, branch or other business presence in the UK is a straightforward process, and can be achieved very quickly and at minimal cost.
Lewis Silkin advises London-listed Bushveld Minerals on takeover offer to acquire Lemur ResourcesBy Nadim Khan, Ian McDonald
Lewis Silkin has advised its client Bushveld Minerals Limited (AIM:BMN) on its intention to make an off-market takeover offer to acquire all of the ordinary shares in Lemur Resources Limited (ASX:LMR).
The Lewis Silkin team was led by Corporate Finance partner Nadim Khan, alongside senior associate Ian McDonald.