Aboriginal Entrepreneur Law – The Limited Partnership (“LP”) by: Garnet Brooks (As featured in the Mi’kmaw & Maliseet Newspaper – Atlantic Canada) With an increase in Aboriginal entrepreneurship in Canada, there is an increasing desire for entrepreneurs at all stages to become more informed on the basic legal concepts which concern them and their respective …
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Limited Liability Partnerships (“LLP”) One key difference between an LLP and a general partnership is that with an LLP, “innocent” partners have some protection from the unknown negligence or misconduct of other partners. Limited liability partnerships are governed by the Partnership Act, in Nova Scotia. As in a general partnership, all partners in an LLP …
Limited Liability Partnerships (“LLP”) – a twist on the general partnership Read More »
The Limited Partnership (“LP”) Introduction: Previous articles discussed characteristics of sole proprietorship and general partnership. This article will discuss the limited partnership business structure. Limited partnerships can carry on any business that a general partnership may, and offers limited liability to some partners, known as the “limited partners”. For this reason, this business structure is …
Limited Partnerships – statute based limited liability without incorporation Read More »
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