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11-08-2014

In Walsh and others v Needleman Treon (A Firm) and others, the High Court held that an individual who was held out on the Firm’s note paper as a partner, was not actually a partner and only an employee.

As such he had no liability to the claimants who were bringing claims against the firm for damages and restitution.

As a question of fact he was an employee of the firm and in relation to him being held out as a partner, even if he was held out as such, there was no evidence that the claimants relied on this holding out or would have done anything different absent the representation.

Sarah Rushton (srushton@moonbeever.com)

Tel: 020 7539 4147

This is intended for general information only and should not be considered as giving advice in relation to any individual case nor be taken as applying to any particular case. No liability is accepted for any such use of the information.

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Standout firm known for its personal insolvency work for clients including private companies, individuals and governmental institutions. Frequently acts for insolvency practitioners, assisting with the realisation of assets, both in the UK and abroad.

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