What I mean by that is  that people in any country COULD (technically) decide to use a UK LLP as their vehicle of choice.

Note here how Germans have been setting up UK Companies at a phenomenal rate to bypass German bureaucracy etc etc (particularly in insolvency/distrsssed situations) - if they knew about UK LLP's they would undoubtedly use them instead.

However, that having been said, these strategems do not play too well locally (politically), even though (for instance) the LLP protocol could provide for local laws to govern practically every aspect.

In fact, the application I had in mind when I first realised the cross-border potential of the LLP was as a "Market Corporation".

ie a neutral legal protocol of global application for a global market place.

As described here, five years ago

http://www.exchange-handbook.co.uk/index.cfm?section=articles&action=detail&id=38754

which I like to think is as valid now as it was then.

Technically Parliament COULD repeal the Act, but since:

(a) they were blackmailed into it in the first place by the Jersey legislation; and

(b) more than half UK solicitors are, or are planning to be LLP's; and

(c) the number of them doubled to 14,000 in the last 2 years;

repeal is unlikely.

And of course, it exists in Qatar, Dubai, Japan, and is pending in India, while a US LLC would do just as well.

ie this genie isn't going back in the bottle....