limited liability partnership


Also found in: Legal, Acronyms, Wikipedia.

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.
Mentioned in ?
References in periodicals archive ?
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.
Mr Rees, who this year marks 23 years at Gerald Eve including 14 years as Cardiff head, will take up his new position on the executive board in October, coinciding with the firm's move to a limited liability partnership status.
i) Sidley Austin LLP, a Delaware limited liability partnership, operates in affiliation with other partnerships, including Sidley Austin LLP, an Illinois limited liability partnership, Sidley Austin (UK) LLP, a Delaware limited liability partnership (through which the London office operates), Sidley Austin, a New York general partnership (through which the Hong Kong office operates), and in Tokyo, the firm operates as Sidley Austin Gaikokuho Jimu Bengoshi Jimusho, in association with Nishikawa & Partners.
announced that Wolf, Block, Schorr & Solis-Cohen, LLP, a Pennsylvania limited liability partnership, has leased 44,370 s/f at 250 Park Avenue.
It's possible to set up a limited liability partnership.
Thus, a transfer of an interest in a limited liability partnership generally should be made only to a person who is licensed.
The limited liability partnership will be the first new legal vehicle introduced for business ventures since 1844.
UCG is a limited liability partnership, but the two new firms, American Petroleum Exchange and Tech Target.

Full browser ?