By: Thomas Duffell
The highest court in the UK enhanced the rights of partners in limited liability partnerships (LLP), a common private fund management entity structure, to blow the whistle against their firms without fear of retribution.
The UK Supreme Court on Wednesday ruled in favor of a partner in an LLP who was fired from her job at law firm Clyde & Co after complaining that a Tanzanian law firm that had a joint venture with her employer was paying bribes to secure clients.
If you are a subscriber to Private Funds Management, you can read the full article here