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LLP |
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announced that Wolf, Block, Schorr & Solis-Cohen, LLP, a Pennsylvania limited liability partnership, has leased 44,370 s/f at 250 Park Avenue. This brings limited partners into parity with limited liability company members, limited liability partnership partners and corporate shareholders; see 2001 Act, Section 303, at comment. This article will explore some of the litigation risks of operating an accounting practice as a limited liability partnership (LLP) or limited liability company (LLC), clarify LLP and LLC similarities and differences and recommend strategies that help minimize exposure. |
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