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Nov 13,2020
Healthcare Professionals – be careful what you indemnify With the increase in collaborative working and working at scale it is becoming common for the owners of a primary care practice to be asked to provide indemnities, say in a sale or purchase contract or in a merger agreement. But what does giving an indemnity actually mean, and what are the risks to you? What is an indemnity? An indemnity contract arises when one person takes on the obligation to pay for any loss or damage that has been,...
Dec 05,2017
Making the decision to expel a partner is never an easy one and the reasons for doing so will vary widely. Some situations will be straightforward. A partner may, for example, be found to be in clear breach of the partnership deed if there is an issue of gross misconduct. Unfortunately, less clear-cut circumstances are more common, such as a personality clash that is causing disfunction within the partnership and preventing it from operating effectively. In these instances, a ‘green socks’...
Mar 03,2017
Partnership disputes can be expensive, time consuming and destructive; not to mention unpleasant for all parties involved. If you find yourself having to deal with a partnership dispute, the best protection for any practice is to have a valid partnership deed in place. To help you spot the early warning signs of a potential dispute, we have pulled together a list of some of the most common causes of partnership disputes: Underperformance: Partnerships are based on the principles of trust and...