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Forum - Can an LLP invest in a Ltd company as a shareholder?

Can an LLP invest in a Ltd company as a shareholder?

Tue, 23/03/2010 - 09:56 — Nicola Dillon

Is there anything in theory/practice that means an Limited liability partnership cannot be a shareholder (as invest money) in a Limited company? I know as standard it makes more sense to go the other way.

Thanks

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davidimpey's picture

Hope this isn't too late Nicola - but, provided there's nothing in the limited company's constitution to say an LLP can't be a shareholder, it can.
That's because in law (and in legal jargon - sorry!) an LLP is a separate legal entity, capable of owning property (shares in a ltd company in this case) in its own right.
(And it'd be pretty unusual for a ltd company's constitution to say 'no LLP shareholders')...

Thu, 13/05/2010 - 14:57 — davidimpey

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