TITLE

The ghost of business past

AUTHOR(S)
Shierson, Malcolm
PUB. DATE
October 2005
SOURCE
Lawyer;10/17/2005, Vol. 19 Issue 40, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Points out that while limited liability partnership (LLP) status confers many benefits to an insolvent firm, it cannot be used as an escape hatch. LLP status designed to protect partners' assets from the consequences of the risk of catastrophic failure of the practice; Observation that for many partners, it may take many years before the protection of the LLP genuinely takes effect.
ACCESSION #
18663287

 

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