Q&As

Do you have a definition of a group where that group includes LLPs?

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Published on LexisPSL on 03/01/2017

The following Commercial Q&A provides comprehensive and up to date legal information covering:

  • Do you have a definition of a group where that group includes LLPs?

A limited liability partnership (LLP) is a body corporate that is formed under the Limited Liability Partnerships Act 2000 (LLPA 2000) as opposed to a partnership that doesn’t constitute its own body corporate. For more as to an LLP’s status as a separate legal entity, see Practice Note: The nature of a limited liability partnership and its legal framework.

The Precedent: Group definition provides various drafting options for related companies, subsidiaries and holding companies being part of the defined term of ‘Group’. The overall ‘Group’ definition depends in part upon further define

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