Limited Liability Partnerships

Discussion Report

Table of Contents

1. Executive Summary
1. Introduction
2. What is a limited liability partnership?
3. United States Initiatives
4. Canadian Initiatives
• 4.1 Standing Senate Committee on Banking, Trade and Commerce
• 4.2 Ontario, Alberta and Saskatchewan
• 4.3 Alberta Law Reform Institute
• 4.4 Uniform Law Conference of Canada
5. Other Jurisdictions' Initiatives
6. Should New Brunswick Enact LLP Legislation?
7. Major Policy Issues
• 7.1 Who Can Use LLPs?
• 7.2 Partner's Liability for Another Partner's Actions
• 7.3 Partner's Liability for an Employee's Actions
• 7.4 Partial or Full Liability Shield
• 7.5 Distribution of Partnership Property to Partners
• 7.6 Mandatory Insurance - A Requirement for Professionals?
• 7.7 Mandatory Insurance - What Professional Groups?
• 7.8 Mandatory Insurance - Determination of Minimum Insurance Requirements
• 7.9 Registration of New Brunswick LLPs
• 7.10 Registration of Extra-Provincial LLPs
• 7.11 Requirement of "LLP" in the name of an LLP
• 7.12 Conversion of an existing partnership to LLP
• 7.13 Disclosure of Names of the Partners
• 7.14 Other Issues
8. Footnotes

Next - LLP Discussion Report Executive Summary >>

<< Return to LLP Discussion Report Main Page