Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Patrick Jean has been a contributing editor for Investopedia since 2021. He came from Grammarly, where he served as a writing expert, and has 20 years of experience as a copy editor, writer, and ...

An LLP is an unincorporated business owned and run by multiple people whose assets are protected. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

A business partnership agreement is a written agreement that defines the relationships between the partners in a business and outlines the partners' shares of profits and losses. There are certain ...

A limited partnership is a partnership in which there are two types of partners: general and limited partners. General partners manage the business and are jointly liable for the debts and obligations ...

In this case, the Delaware Supreme Court answered three certified questions from the United States Third Circuit Court of Appeals concerning the effect of a partner’s withdrawal from a Delaware ...

In this recent decision, the Court of Chancery reaffirmed that parties to alternative entity agreements are free to order their affairs, including through liability waivers. The case arose from the ...

A business organization that allows limited partners to enjoy limited personal liability while general partners have unlimited personal liability A limited partnership is similar to a general ...

Two types of partnership businesses allow some or all co-owners to manage the business affairs, share in the profits and control the business assets. In general partnerships, all partners equally ...

* Proposes to jointly initiate establishment of Poly Limin Fund & subscribe for limited liability partnership shares of Poly Limin Fund * Initiate establishment of Poly Limin Fund with an amount of ...