Limited Liability Partnerships Handbook (3ed)

Limited Liability Partnerships Handbook (3ed)
Limited Liability Partnerships Handbook (3ed)
Smith, P
Bloomsbury Professional

A practical guide to the business vehicle which for many is the entity of choice for the forward thinking professional services firm and general businesses. It offers clear descriptions of the nature and consequences of LLPs and assists with the process of conversion from a partnership, covering the formation of and transfer of a business to an LLP; relationships between members, the LLP and themselves; accounting; taxation; and insolvency; and precedents. Practically oriented and written this comprehensive handbook is invaluable for every limited liability partnership and every partnership planning to convert.

Contents: The Background and Legislative Development; What is an LLP?; The Process of Formation and Naming; Post Formation Administration; The Transfer of Business; Membership Concepts; Designated Members; Governance of the LLP; Taxation of LLPs; Accounts and Auditing; Members' Financial Interests; Miscellaneous Provisions; Voluntary Arrangements; Administration; Voluntary Winding Up; Winding Up by the Court; General Winding Up Provisions; Company Directors Disqualification; Mergers, Acquisitions and Joint Ventures; Risk Management and LLPs.

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