* Limited Liability Partnerships Handbook 4th ed

NOT YET PUBLISHED

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.

table of content

1. The Background and Legislative Development

2. What is an LLP?

3. The Process of Formation and Naming

4. Post Formation Administration

5. The Transfer of Business

6. Membership Concepts

7. Designated Members

8. Governance of the LLP

9. Taxation of LLPs

10. Accounts and Auditing

11. Members' Financial Interests

12. Miscellaneous Provisions

13. Voluntary Arrangements

14. Administration

15. Voluntary Winding Up

16. Winding Up by the Court

17. General Winding Up Provisions

18. Company Directors Disqualification

19. Mergers, Acquisitions and Joint Ventures

20. Risk Management and LLPs