LLP - Definition. Was ist LLP
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Was (wer) ist LLP - definition

PARTNERSHIP IN WHICH SOME OR ALL PARTNERS (DEPENDING ON THE JURISDICTION) HAVE LIMITED LIABILITIES
Limited Liability Partnership; LLP; Limited liability partnerships; Societe en commandite; Limited liability partnerships in the United Kingdom
  • Example of an LLP office in the State of Georgia (U.S.)

LLP         
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Link Level Protocol (Reference: BTX)
Limited liability partnership         
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations.

Wikipedia

Limited liability partnership

A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence. This distinguishes an LLP from a traditional partnership under the UK Partnership Act 1890, in which each partner has joint (but not several) liability. In an LLP, some or all partners have a form of limited liability similar to that of the shareholders of a corporation. Unlike corporate shareholders, the partners have the power to manage the business directly. In contrast, corporate shareholders must elect a board of directors under the laws of various state charters. The board organizes itself (also under the laws of the various state charters) and hires corporate officers who then have as "corporate" individuals the legal responsibility to manage the corporation in the corporation's best interest. An LLP also contains a different level of tax liability from that of a corporation.

Beispiele aus Textkorpus für LLP
1. Unrelated US buyer New York law firm Sullivan & Cromwell LLP would be legal adviser and the Washington office of Alston & Bird LLP would assist on regulatory matters.
2. LLP, did not immediately return a call late Friday afternoon.
3. National Administrative Council of the LLP in London.
4. All are partners at Gibson, Dunn & Crutcher, LLP.
5. A change in administrations led to a lucrative private practice at the venerable Hogan & Hartson LLP.