Liquidator personal liability shield: no personal obligation to pay costs for partner list set aside or variation applications under LLP rules. A liquidator is not personally liable to pay any costs of, or in relation to, an application to set aside or vary his act or decision settling the name of ... Summary
Liquidator personal liability shield: no personal obligation to pay costs for partner list set aside or variation applications under LLP rules.
A liquidator is not personally liable to pay any costs of, or in relation to, an application to set aside or vary his act or decision settling the name of a person on the list of partners of an LLP; the rule limits the liquidator's personal exposure to costs arising from such challenges within the LLP winding up framework.
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