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Vol 23 No 3 March/April 2018

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This book is now Out of Print.
A new edition has been published, the details can be seen here:
Limited Liability Partnerships Handbook 3rd ed isbn 9781847667151

Limited Liability Partnerships Handbook 2nd ed

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ISBN13: 9781845922610
New Edition ISBN: 9781847667151
Previous Edition ISBN: 0754511812
Published: March 2007
Publisher: Bloomsbury Professional
Country of Publication: UK
Format: Paperback
Price: Out of print

The second edition of this highly acclaimed book offers an unrivalled level of advice and guidance on this rapidly expanding and constantly developing subject. Offering clear descriptions of the nature and consequence of Limited Liability Partnerships, it enables practitioners to undertake with confidence the process of conversion from a partnership.

This latest edition covers the latest revisions to the Accounting SORP, the replacement of Stamp Duty with SDLT, brand new tax regulations, changes in the Companies Act and the Insolvency Act, plus some essential guidance from the Law Society covering terms of debentures to be issued by law firms, and the use of the word 'partners' to describe members and others.

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Partnership Law
1. The Background and Legislative Development
2. What is an LLP?
3. The Process of Formation and Naming
4. Post Formation Administration
5. The Transfer of Business
6. Membership Concepts
7. Designated Members
8. Governance of the LLP
9. Taxation of LLPs
10. Accounts and Auditing
11. Members' Financial Interests
12. Miscellaneous Provisions
13. Voluntary Arrangements
14. Administration
15. Voluntary Winding Up
16. Winding Up by the Court
17. General Winding Up Provisions
18. Company Directors' Disqualification
19. Mergers and Acquisitions
20. Risk Management and LLPs
Appendix 1: LLP Forms
Appendix 2: LLP Fees
Appendix 3: Inland Revenue Guidance
Appendix 4: Precedents
Appendix 5: The Law Society Recognised Bodies - Limited Liability Partnerships, Professional Ethics Booklet updated July 2006
Appendix 6: Statement of Recommended Practice (SORP) on accounting by Limited Liability Partnerships
Appendix 7: Security given for Funding Firms, Guidance from the Rules & Ethics Committee - issued February 2005.