An understanding of partnership is vital not only to professional legal advisers, but to all those considering or carrying on business in partnership. This book provides clear and comprehensive guidance on the law and related practical issues applicable to general and limited partnership. Topics covered include: setting up a partnership; the relationship between partners; liability to third parties; dissolution; and insolvency. The comparative merits of other forms of business organisation are also considered, including the proposed limited liability partnership. Each chapter concludes with a section devoted to practical advice and there are separate chapters explaining the new Civil Procedure Rules as they apply to actions between partners, and by and against partnerships. The book contains the Partnership Act 1890 and the Limited Partnerships Act 1907, coverage of recent cases, such as Joyce v Morissey and Others; Nationwide Building Society v Lewis and Another; Re Kyrris (No 2); HRH Prince Jefri Bolkiah v KPMG (A Firm) and a sample partnership agreement (with cross-references to the relevant sections of the book). This book will prove indispensable to the busy practitioner, combining as it does thorough coverage of the law with practical advice.