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Home / News Stories / LLP liability in Virginia: Making sure you’re protected (access required)

LLP liability in Virginia: Making sure you’re protected (access required)

Virginia law is not kind to general partnerships. Indeed, general partners can be personally liable for any partnership obligation, and worse yet, for any obligation of an individual partner for actions while acting as a general partner. On the other hand, Virginia law offers broad protection to partnerships that have followed the statutory requirements ...

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