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Comparative Study: Limited Liability Company Versus Unlimited Liability Company

Author

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  • Silvia Cristea

    (Law Department, Bucharest University of Economic Studies, Romania)

Abstract

Our goal is to differentiate between the legal regime of the limited partnership and that of the unlimited company, by drawing a comparison between civil and special settlement in terms of the following criteria: definition, contributions, capital divisions, the Articles of Association, registration, management control, withdrawal/exclusion of a partner, dissolution/ liquidation. The opinions expressed in the chapter devoted to conclusions are relevant to Romanian and French Law as well.

Suggested Citation

  • Silvia Cristea, 2013. "Comparative Study: Limited Liability Company Versus Unlimited Liability Company," Perspectives of Law and Public Administration, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 2(1), pages 70-78, December.
    • Handle: RePEc:sja:journl:v:2:y:2013:i:1:p:70-78
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    More about this item

    Keywords

    limited partnership; unlimited company; Romanian Civil Code; the Law no.31/1990 concerning commercial comopanies;
    All these keywords.

    JEL classification:

    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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