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Law Educator, Esq.
Law Educator, Esq., Attorney
Category: Business Law
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Experience:  All corporate law, including non-profits and charitable fraternal organizations.
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In New York State, what is the liabilty of a limited partner

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In New York State, what is the liabilty of a limited partner in an architectural firm (LLP)?
Under the law a limited liability partnership, the LP is liable for their own work product and can also be liable for any employees done under his supervision that is connected to the field his license is in. The partners in a firm operating as a limited liability partnership, or LLP, when a claim is brought against an LLP, individual liability is generally limited to only those partners directly involved in the activity underlying the claim. See: NY Partnership Law Section 26


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