Full and Partial Shield Limited Liability Partnerships in British Columbia, Business Vehicles, Vol. X, No. 3, 2005

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Full and Partial Shield Limited Liability Partnerships in British Columbia, Business Vehicles, Vol. X, No. 3, 2005

Author(s): Funt, Gordon

Date: January 17 2006

British Columbia recently enacted legislation for limited liability partnerships ("LLPs"). Unlike other jurisdictions in Canada, B.C. LLPs are not restricted to professionals. Considerable interest has arisen in using a B.C. LLP as a business vehicle. Gordon Funt discusses the distinction between a "full shield" and a "partial shield" LLP and addresses where one may choose to operate as a partial shield LLP.

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