Limited Liability Partnership (LLP): Meaning and Features
Nov 8, 2025 · What Is a Limited Liability Partnership (LLP)? A limited liability partnership (LLP) is a flexible legal and tax entity where every partner has a limited personal liability for the debts or...
Fayetteville - Main Location | HUTCHENS LAW FIRM
Fayetteville - Main Location The Ramsey Street location in Fayetteville is the corporate office of Hutchens Law Firm LLP. Founded in 1980 by attorney H. Terry Hutchens (managing partner), our …
Limited liability partnership - Wikipedia
In China, the LLP is known as a special general partnership (Chinese: 特殊普通合伙). The organizational form is restricted to knowledge-based professions and technical service industries.
limited liability partnership (LLP) | Legal Information Institute
Limited liability partnership (LLP) is a type of general partnership where every partner has a limited personal liability for the debts of the partnership. Partners will not be liable for the tortious damages …
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What LLP Stands For in Law and How It Works - LegalClarity
Aug 16, 2025 · Understand the Limited Liability Partnership (LLP) as a distinct legal entity. Learn its structure, liability features, and how it compares. A Limited Liability Partnership (LLP) represents a …
Limited Liability Partnership: Pros and Cons - NerdWallet
Dec 1, 2020 · What is an LLP? An LLP is an unincorporated business owned and run by multiple people, all of whom share ownership and management responsibilities. These multiple partners enjoy limited …