{"iri":"https://folio.openlegalstandard.org/R7eNtj44HIHIEfl5hdN415d","label":"Limited Liability Partnership","sub_class_of":["https://folio.openlegalstandard.org/RC3I2GwWuuKWmRJVXgxXeb"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"LLP","alternative_labels":[],"translations":{"de-de":"Gesellschaft mit beschränkter Haftung","pt-br":"Sociedade de Responsabilidade Limitada","fr-fr":"Société à responsabilité limitée","ja-jp":"有限責任事業組合","zh-cn":"有限责任合伙企业"},"hidden_label":null,"definition":"A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In a LLP, each partner is not responsible or liable for another partner's misconduct or negligence.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":"ENTITY-LLP","description":null,"source":null,"country":null}