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A Limited Liability Partnership (LLP) shares many of the features of a normal partnership, but importantly is an entity distinct from its partners and controlled under company law principles.
The great challenge for practitioners is working out which parts of corporate legislation do and do not apply to this unique structure.
Now in its third edition, Palmer’s Limited Liability Partnership Law brings clarity to this still developing area of law with insightful analysis on the problems of running an LLP combined with extracts of relevant legislation that can be drawn upon by those working in this area.