Guernsey LLPs

Guernsey has expanded the range of structures available from the jurisdiction by introducing Limited Liability Partnerships (LLPs). The Limited Liability Partnerships (Guernsey) Law 2013 was given Royal Assent by the Privy Council in April and registered in the Royal Court of Guernsey this month. Fiona Le Poidevin, chief executive of Guernsey Finance—the promotional agency for the island’s finance industry, says: “The introduction of Guernsey LLPs means that our financial services practitioners have another vehicle to use in providing solutions for their client base. We see them being used particularly by professional businesses as vehicles for investing globally and as asset holding structures.”

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Guernsey LLPs

MOVERS & SHAKERS

NLJ Career Profile: John McElroy, London Solicitors Litigation Association

Clarke Willmott—Elaine Field

Birketts—Barbara Hamilton-Bruce

NLJ Career Profile: John McElroy, London Solicitors Litigation Association