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ARTICLE · 10 FEBRUARY 2011

Innovations for Limited Partnerships in Jersey

Collas Crill
Collas Crill
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Collas Crill

Collas Crill

Firm Details: Chief Executive Officer: Jason Romer Managing Partners: Bermuda: Lilla Zuill, BVI:...

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A limited partnership established pursuant to the Limited Partnerships (Jersey) Law 1994 provides the benefit of limited liability to investors, but remains an unincorporated association with no separate legal personality or perpetual succession vested in the partnership.

JerseyCorporate/Commercial Law
Collas Crill
Collas Crill
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A limited partnership established pursuant to the Limited Partnerships (Jersey) Law 1994 provides the benefit of limited liability to investors, but remains an unincorporated association with no separate legal personality or perpetual succession vested in the partnership. Jersey will shortly have two new types of statutory limited partnerships improving the choice of structures available to clients when considering commercial structuring.

Both the Separate Limited Partnerships (Jersey) Law 200- and the Incorporated Limited Partnerships (Jersey) Law 200- were adopted by the States on 25 May 2010 and await Royal sanction before registration in the Royal Court. Their adoption is an indication of Jersey's willingness to maintain its competitive edge for corporate and fund matters.

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