Lovells is pressing ahead with its limited liability partnership (LLP) conversion even though the move means its French partners could become employees of the firm. The top 10 City firm is voting on the change and intends to convert on 1 May, although it is still waiting for confirmation from the French tax authorities on the tax treatment of UK LLPs.
February 14, 2007 at 10:28 PM
1 minute read
The original version of this story was published on Legalweek
Lovells is pressing ahead with its limited liability partnership (LLP) conversion even though the move means its French partners could become employees of the firm.
The top 10 City firm is voting on the change and intends to convert on 1 May, although it is still waiting for confirmation from the French tax authorities on the tax treatment of UK LLPs.
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