limited liability partnership


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limited liability partnership

n. Abbr. LLP
A business partnership in which the liability of all of the partners is limited to the capital they have invested.
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The proposed law also provides that limited liability partnership will be a body corporate, which has the flexibility of a general partnership and would avail all the advantages of a limited liability company.
In the Saturday filing, Yantai Xinchao said it signed a letter of intent Friday with Ningbo Dingliang Huitong Equity Investment Center, a limited liability partnership, and its seven shareholders to buy the oil fields through a Ningbo Dingliang subsidiary, Moss Creek Resources LLC.
The proposed Limited Liability Partnership Regulations are broadly aligned with the UK Limited Liability Partnership Act regime.
Durham Council hadn't been a member of Sniperley Park LLP1 but its Cabinet decided to join a second limited liability partnership for promoting housing development at the site, which could see up 2000 houses being built.
The company, which operates as a limited liability partnership, made pounds 14.
His new role follows key management changes and the firm's conversion to a limited liability partnership.
It's possible to set up a limited liability partnership.
Partnerships classified themselves into five different distinct entity types: domestic general partnership, domestic limited partnership, domestic limited liability company, domestic limited liability partnership, foreign partnership, or "other" partnership--as well as certain partnerships that did not indicate an entity type.
First consider what structure will best serve your investment entity--an S corporation, a general partnership, a limited partnership or a limited liability partnership or corporation (LLP/LLC).
The company is a for-profit, limited liability partnership between 23 publishing companies and the Newspaper Association of America.

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