Partnerships may come to an end for many different reasons, perhaps because partners have other business interests or even because one of them has passed on. However, because an LLP has not been trading recently does not mean that it has ceased to exist as a legal entity.
This is where the expertise available at Salient Insolvency can be so beneficial. We will advise you on the best way to wind up a partnership so that all partners and other stakeholders receive a fair outcome. We can also offer expert guidance when partners have different ideas about the future of the business and need to close it so they can carry on trading separately.