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(p. 284) 28. Limited liability partnerships 

(p. 284) 28. Limited liability partnerships
(p. 284) 28. Limited liability partnerships

J. Scott Slorach

and Jason Ellis

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date: 25 November 2020

This 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. When considering LLPs, it should always be remembered that their resemblance to traditional partnerships is an exception rather than a rule, and that it is better to think of them as corporate structures.

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