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Vol 21 No 11 Nov/Dec 2016

Book of the Month

Cover of Criminal Injuries Compensation Claims

Criminal Injuries Compensation Claims

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Limited Liability for Professional Partnerships

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ISBN13: 9780853084143
ISBN: 0853084149
Published: June 1998
Publisher: Jordan Publishing Ltd
Format: Hardback
Price: Out of print



In recent years, professional partnerships have become increasingly concerned with the number of actions brought against them for negligence and at the level of damages awarded. Where such claims exceed the level of cover provided for by the firm's professional indemnity insurance, the personal assets of the partners themselves are placed at risk. This work explores the two principal methods by which partnerships can seek to limit their exposure to this threat, which are either to incorporate or to register offshore as a limited partnership, either in Jersey or the Isle of Man. The book also contains a chapter on the experience of partnerships in the US which have pursued a similar course of action by registering as limited partnerships in Delaware.

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