Limited Liability Partnership (LLP)

At the Law Office of Anthony W. Greco, we understand the stress and life altering circumstances that individuals and companies often deal with when facing business disputes. That is why it is important to have an attorney who has extensive experience in choice of entity issues as well as other business law matters, and who can provide counsel and advice in an understandable, practical and effective manner.

A limited liability partnership, which is substantially similar to a partnership — see Partnership — provides protection to all partners from personal liability. Thus, the limited liability status protects partners from personal liability for acts of other partners. The more active partners become in the day-to-day operations, the more likely such partners will be subject to self-employment tax. There are a host of other factors regarding an individual’s or company’s converting to and out of limited liability partnership status that must be addressed with precision planning.

The Law Office of Anthony W. Greco is committed to providing each and every Client with professional, aggressive and practical representation, while being sensitive to the Client’s unique concerns and goals. With more than 18 years of experience, our firm is equipped to deal with all issues involved in business formation matters. Everything from transactional needs to partnership disputes leading to litigation, The Law Office of Anthony Greco is prepared to aggressively represent its Clients’ concerns and interests from the first day of representation for business planning through the possible dissolution of a partnership.