LLP




	Limited Liability Partnership Created under the Ontario Partnership Act, a Limited Liability Partnership is a special purpose entity. Unlike a regular partnership, a partner is only liable for his own acts, not the acts of other members of the partnership. This entity can only be created where authorized by a professional governing body. Many professional partnerships have transformed themselves into LLPs to give added protection to their members.

	Wolfson Law Professional Corporation Barristers & Solicitors 2345 Yonge Street, Suite 912 Toronto, ON, Canada M4P 2E5 Tel: 416.730.1640 Fax: 416.730.0599 kwolfson@corporations.ca