The Partnership, LLP and LLC Law Forum
Law firms Macfarlanes, and Kingsley Napley, have both published brief articles on the recent case of Tribe v Elborne Mitchell on the duty to act rationally when allocating profits. They are available at:
https://www.macfarlanes.com/what-we-think/in-depth/2021/decision-to-allocate-partnership-profits-had-to-be-taken-rationally/.
https://www.kingsleynapley.co.uk/insights/blogs/employment-law-blog/law-firm-partners-profit-share-allocation-was-a-reasonable-exercise-of-discretion
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