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Wellesley Partners LLP v Withers LLP [2014] EWHC 556 (Ch) - 11/03/14

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Solicitors were retained to draft a limited liability partnership agreement for a business focusing as an executive search consultancy. The agreement was to allow new partners into the partnership and allow one an option to withdraw half its capital contribution within a period following commencement of the agreement. The solicitor had failed to understand his instructions correctly in changing the drafting of the document from allowing the option to be exercised only after a certain date to only being capable of exercise before a certain date.

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