Luxembourg limited partnership: Difference between revisions

Luxembourg limited partnership (view source)

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 The Luxembourg law of 12 July 2013 on alternative investment fund managers (the “{{tag|AIFMD}} Law”) transposing the {{tag|AIFMD}} into {{tag|Luxembourg}} law amends the SCS regime and introduces a third form of limited partnership into the Companies Law:
-*The '''special limited partnership''' (''[[société en commandite spéciale]]'' or “{{tag|SCSp}}”).
+*The '''special limited partnership''' (''[[société en commandite spéciale]]'' or “{{tag|SCSp}}”). Unlike the [[SCS]] and [[SCA]], which both are ''intuitu personae'' entities, the {{tag|SCSp}} has no legal personality distinct from its partners, and may have a different treatment therefore for {{tag|netting}} purposes (in otherwords, check your opinion to make sure a {{tag|SCSp}}.
-SCS and SCSp are ''intuitu personae'' entities. However, the SCSp has no legal personality distinct from its partners.
 *Assets contributed to the SCS are owned by the SCS.