Talk:Limited liability

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[edit] Anglo-saxon focus

This seems to be almost entirely about the UK, with a bit of US and Commonwealth thrown in. The concept of limited liability is largely universal now, and indeed the LLC article mentions influences other than the British. Bhudson 19:48, 16 July 2007 (UTC)

That's the 'history' bit, which was very much a British thing, coming out of the Industrial Revolution. The LLC article is about a particular US limited liability vehicle, and merely mentions the existence (or not) of similar vehicles in a couple of other countries. It doesn't touch on history or 'influences' whatsoever. Mauls 00:14, 4 December 2007 (UTC)

[edit] Unlimited Liability

This page links to 'unlimited liability', which redirects back to 'Limited Liability'. Either the link to unlimited liability should be removed, or it should go to a different page. 128.200.33.248 16:42, 23 October 2007 (UTC)

[edit] Limited Liability Partnerships

I asked for citation on how people in LLPs have limited liability. From what I was taught in my Business Law class, an LLP only prevents a partner from being liable for the tort debts of his/her other partners. This was created to encourage businessmen to be careful, because if they get sued for a business-related tort (such as a dentist screwing up a root canal), they are still liable for the lawsuit, whereas in an LLC, that's not the case. —Preceding unsigned comment added by Dstebbins (talk • contribs) 14:17, 2 January 2008 (UTC)

I've added a general reference that describes both LLPs and Limited Partners, although not in detail. See also LLP which may explain the confusion; it seems that LLP means something different in US and UK usage. JulesH (talk) —Preceding comment was added at 17:42, 14 January 2008 (UTC)