May 4 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
The LLP construction is commonly used by those forming a company in industries which traditionally operate as partnerships, similar to legislation practices or accountancy companies. The primary good thing about an LLP over a traditional partnership is the liability safety which it offers for the company partners – that means their personal finances are protected within the event of the company encountering difficulties.
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