| The Limited Liability Partnership
will be a separate legal entity and while the Limited Liability
Partnership itself will be liable for the full extent of its assets
the liability of the members (partners) will be limited. As with any other
company, it can in some circumstances be possible to make a partner
of an Limited Liability Partnership liable on his or her own account,
e.g. for negligent mis-statement. This can occur where the partner
has been negligent when carrying out work for a client. Such liability
is rare depending as it does on the member of the Limited Liability
Partnership assuming personal responsibility for advice given, and
that assumption being relied on by the client.
If you would like to incorporate a UK Limited Liability Partnership , or you have any queries, please fill in the Limited Liability Partnership
application
form or contact
us.
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