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Introduction - Limited Liability Partnerships Liquidation and Insolvency


This publication is a simple guide to winding up your limited liability partnership. The booklet summarises some of the rules that apply to voluntary arrangements, in administration and administration orders, receivers, and voluntary and compulsory liquidations.

Please remember that if your limited liability partnership is considering liquidation, or any other measures to deal with insolvency, you should seek appropriate professional advice or consult an authorised insolvency practitioner.

You will find the relevant law in the Limited Liability Partnerships Act 2000, the Insolvency Rules 1986, and in the Limited Liability Partnerships Regulations 2009 which apply parts of the Companies Act 2006 and the Insolvency Act 1986 to limited liability partnerships.