Sentences with phrase «characteristic of the limited partnership»
Not exact matches
A limited liability company (LLC) is a hybrid business entity that has certain characteristics of both a corporation and a partnership / sole proprietorship.
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In their June 2014 paper entitled «Master Limited Partnerships (MLPs)», Frank Benham, Steven Hartt, Chris Tehranian and Edmund Walsh describe and summarize the aggregate performance and characteristics of publicly traded MLPs.
A limited liability company, or LLC, shares characteristics of both a corporation and a partnership or sole proprietorship.
In a concurring judgment, Lord Carnwath emphasises that, in his view, the conclusion in this case turns on the special characteristics of a LLP, which is something of a hybrid as between a conventional 1890 Act partnership and a limited company.