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Keywords

a limited partnership, an investment partnership, a business partnership, a general (full) partner, a limited partner, special partnerships, a partnership agreement, limited liability, subsidiary liability.

How to Cite

ERKABAEVA , S. (2020). THE LEGAL STATUS OF PARTNERSHIPS IN SEVERAL DEVELOPED COUNTRIES AND THE LIABILITY ISSUES IN PARTNERSHIPS. LAWYER HERALD, 1(2), 149–154. Retrieved from https://yuristjournal.uz/index.php/lawyer-herald/article/view/66

Abstract

This article provides a thorough investigation of liability issues in partnerships, existing in national and foreign legislations based on the scientific views of scientists and a comparative-legal analysis of legal systems of the United Kingdom and the USA, Russia and the Republic of Uzbekistan. Moreover, it investigates special features of the liability of the partners together with identifying the advantages and disadvantages of subsidiary liability of general partners and limited liability of limited partners. Additionally, taking into account the importance of liability issues in decision making of investors, this article provides suggestions for the improvement of the liability issues by introducing several changes into the legislation regulating the liability issues in partnerships.

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References

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