Foley Turnbull Solicitors are delighted to announce that we are now authorised to operate as a Limited Liability Partnership (“LLP”)
This means that from the 1st December 2020:
• An individual Partner in the Firm has no personal liability for any debts, liabilities or obligations which are incurred for the purposes of carrying on the business of the Limited Liability Partnership (whether these are liabilities of the LLP, of himself or herself, of another Partner or Partners in the LLP or of any Employee, Agent or Representative of the LLP) however such liability may arise.
• This does not in any way prevent or restrict the enforcement against the property of the LLP, of any debt, liability or obligation and the protection afforded relates to the personal liability of the Partners only.
• The Partnership Act 1890 continues to apply to the LLP to the extent that it is not inconsistent with Chapter 3 of Part 8 of the Act.
This Notice is intended to inform you of the change of our status to a Limited Liability Partnership.
FOLEY TURNBULL SOLICITORS LLP