: Client Update - Limited Liability Partnerships

March 4, 2010

Recent amendments to the Partnership Act, R.S.N.L. 1990, c. P-3 (“Act”), which came into force on December 4, 2009, allow for the formation of limited liability partnerships or LLPs for the first time in Newfoundland and Labrador. This type of business organization is not a new concept in many other Canadian jurisdictions.

For more information, please download a copy of this client update.

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