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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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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