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Such an "Open" Corporate allows a new synthesis between the collective and the individual which gives us the "Joint" responsibility of a "Partnership" - which is key to collaborative/cooperative partnership working - but without the individual "several" responsibility of partnership.
Do I understand correctly that his "new synthesis" relieves individual members of "joint and several" liability while giving them proportional ownership rights and liabilities? Is this a provision of the current UK LLP? Do you know the legal status of this concept in the US? "It is not necessary to have hope in order to persevere."
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