X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
U.S. law firms in London are on heightened alert this month ahead of a British government consultation that is expected to address whether U.S. limited liability partnerships (LLPs) operating in the city should be required to disclose their financial results.

The Department for Business Enterprise & Regulatory Reform (BERR) is set to release a consultation looking at the application of the Companies Act for such partnerships in the coming weeks and many lawyers expect the treatment of overseas LLPs to feature in it.

The issue — debated ahead of draft regulations planned to be released next spring — is controversial and provoked fierce complaints from U.S. law firms last time it was mooted in 2001.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.