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28. Limited liability partnerships
2017This chapter first discusses the key elements of limited liability partnerships (LLPs). It then considers the factors influencing choice of LLP. There are two instances where the question of choosing an LLP arises: as part of a business start-up or existing partnerships considering conversion.
J. Scott Slorach, Jason Ellis
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28. Limited liability partnerships
2016This chapter first discusses the key elements of limited liability partnerships (LLPs). It then considers the factors influencing choice of LLP. There are two instances where the question of choosing an LLP arises: as part of a business start-up or existing partnerships considering conversion.
J. Scott Slorach, Jason Ellis
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Forming a consultant limited liability partnership
BMJ, 2011The continuing liberalisation of secondary healthcare in the NHS is likely to challenge the roles of both hospital based specialist services and their consultants for the foreseeable future. However, this developing market for specialist services also offers considerable opportunities for consultants willing to engage with different healthcare ...
Tim Trebble, R A Jones
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The Limited Liability Partnership in Bankruptcy
SSRN Electronic Journal, 2015Brobeck. Dewey. Howrey. Heller. Thelen. Coudert Brothers. These brand-name law firms had many things in common at one time, but today have one: bankruptcy. Individually, these firms expanded through hiring and mergers, took on expensive lease commitments, borrowed large sums of money, and then could not meet financial obligations once markets took a ...
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The Emergence of Limited Liability Partnerships
SSRN Electronic Journal, 2012The paper principally deals with the emergence of LLP's. The author takes a look at the history of LLP's and how the concept came into being. The author also examines the benefits of LLP's and how it helps in conducting business in modern times. The laws regarding LLP's in India have also been discussed in the paper.
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Limited Liability Partnership in India
SSRN Electronic Journal, 2010The aim of this research is to highlight some loopholes in the current legal position related to the taxation of the Limited Liability Partnerships in India; as well as, highlight some of the problems related to the conversion of general partnership firms and limited companies into the Limited Liability Partnership in the light of the following acts ...
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Limited Liability Partnerships in India
SSRN Electronic Journal, 2007Limited Liability Partnerships (LLPs) are commercial vehicles which combine features of partnership and company. In law, partners bear unlimited liability even for the acts of other partners. An LLP enables the partners to limit their liability in this regard just like a shareholder in a company. However, it still retains a 'pass through structure' for
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On partnerships with limited liability
2007If any apology, further than the importance of the subject, were required for a paper such as the present, after the very able and carefully written pamphlet of Mr. Colles, it would be found in the report of the select committee, appointed to consider the law of partnerships in these countries:?'"Your committee, considering the vast extent ...
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Limited Liability Partnership in Pakistan: An Overview
SSRN Electronic Journal, 2016Unlike the rest of the world, Limited Liability Partnership (LLP) is a comparatively newer business vehicle for Pakistanis. On August 8th, 2014 Securities and Exchange Commission of Pakistan (SECP) issued a press release to introduce this new concept. The reason for introduction of this business structure was to fill the gap between business firms such
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Limited Liability Partnerships Under Nigerian Law
SSRN Electronic Journal, 2020The Companies and Allied Matters Act, 2020 (“the Act”) introduced a myriad of changes to the Nigerian business environment and corporate sector. Among such changes is the creation of a novel business structure called Limited Liability Partnerships (“LLPs”) . This article will explore the legal framework for LLPs under Nigerian law including the:
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