Boiler Room Scammers Wound Up
Winding Up a Partnership - Boiler Room ScamsIn re The Inertia Partnership LLP
Ch D
23 February 2007
Weekly Law Notes SummaryThe jurisdiction under s 367 of the Financial Services and Markets Act 2000 to wind up a partnership, which was carrying on a regulated activity in contravention of the general prohibition in s 19, on the just and equitable ground should be exercised with a view to protecting the public interest and balancing all relevant interests against each other to ascertain the just and equitable result.