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Guide to Limited Partnerships in Jersey
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Limited Partnerships |
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| Published: |
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Jul 2010 |
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| Synopsis: |
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Jersey legislation currently allows limited partnerships to be established pursuant to the Limited Partnerships (Jersey) Law 1994, as amended (the “LP Law”). The LP Law provides a flexible partnership vehicle for sophisticated or institutional investors who wish to participate in a partnership with the benefit of limited liability but without taking part directly in the management of the partnership affairs, such management being undertaken by the general partner. Subject to the approval of the Privy Council, towards the end of 2010 or early 2011, there will be new legislation in Jersey allowing for incorporated limited partnerships and separate limited partnerships, the Incorporated Limited Partnerships (Jersey) Law 201- (the “ILP Law”) and the Separate Limited Partnership (Jersey) Law 201- (the “SLP Law”), respectively. |
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| Practice Area: | | Funds & Investment Services, Corporate & Commercial |
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| Jurisdiction: | | Jersey |
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| Download: |
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File size: 368 KB - Number of pages: 10 |
For more information download: Guide to Limited Partnerships in Jersey.
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