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Unw Llp

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Citygate
St. James Boulevard
Newcastle Upon Tyne, Tyne and Wear
NE1 4JD


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Unw Llp Details:

Dormant

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llp

A limited liability partnership is a partnership in which some or all partners have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP one partner is not responsible or liable for another partner''s misconduct or negligence. This is an important difference from that of a limited partnership. In an LLP, some partners have a form of limited liability similar to that of the shareholders of a corporation. In some countries, an LLP must also have at least one "general partner" with unlimited liability. Unlike corporate shareholders, the partners have the right to manage the business directly. As opposed to that, corporate shareholders have to elect a board of directors under the laws of various state charters. The board organizes itself and hires corporate officers who then have as "corporate" individuals the legal responsibility to manage the corporation in the corporation''s best interest. An LLP also contains a different level of tax liability from that of a corporation.

Limited liability partnerships are distinct from limited partnerships in some countries, which may allow all LLP partners to have limited liability, while a limited partnership may require at least one unlimited partner and allow others to assume the role of a passive and limited liability investor. As a result, in these countries the LLP is more suited for businesses where all investors wish to take an active role in management.

newcastle upon tyne

Newcastle upon Tyne is a city and metropolitan borough of Tyne and Wear, in North East England. Situated on the north bank of the River Tyne, the city developed in the area that was the location of the Roman settlement called Pons Aelius, though it owes its name to the castle built in 1080, by Robert II, Duke of Normandy, the eldest son of William the Conqueror. The city grew as an important centre for the wool trade and it later became a major coal mining area. The port developed in the 16th century and, along with the shipyards lower down the river, was amongst the world''s largest shipbuilding and ship-repairing centres. These industries have since experienced severe decline and closure, and the city today is largely a business and cultural centre, with a particular reputation for nightlife.

Like most cities, Newcastle has a diverse cross section, from areas of poverty to areas of affluence. Among its main icons are Newcastle Brown Ale, a leading brand of beer, Newcastle United F.C., a Premier League team, and the Tyne Bridge. It has hosted the world''s most popular half marathon, the Great North Run, since it began in 1981.

tyne and wear

Prior to its uniform adoption of proportional representation in 1999, the United Kingdom used first-past-the-post for the European elections in England, Scotland and Wales. The European Parliament constituencies used under that system were smaller than the later regional constituencies and only had one Member of the European Parliament each.

The constituency of Tyne and Wear was one of them.

When it was created in England in 1984, it consisted of the Westminster Parliament constituencies of Gateshead East, Houghton and Washington, Jarrow, Newcastle-upon-Tyne East, South Shields, Sunderland North, Sunderland South, Tyne Bridge, although this may not have been true for the whole of its existence.