Limited Partnership

A Limited Partnership ( LP or LP; . Eng Limited Partnership ) is an Anglo-Saxon corporate legal form which is similar to a German limited partnership and is composed of at least two shareholders.

Background

The general partner of a limited partnership, the general partner, who also pauses the management and representation of power in society. Investors participate as limited partners or shareholders similar to Limited Partners.

Unlike the limited partnership under German law in a limited partnership, the co-decision and control rights of the investors ( Limited Partners ) is restricted. However, Limited Partners may engage in the business in some states in the United States. However, they will no longer be liable only for their contributions, but with all their personal assets such as the manager or general partner.

The Limited Partnership is the legal form equity and venture capital firms are under the many Anglo-Saxon private.