Lockton International turns back clock with LLP switch
Lockton International is to transfer its broking business into a newly created limited liability partnership (LLP) before the close of the 2010/11 financial year, according to accounts filed with UK company register Companies House.
The decision of Lockton International - the London-headquartered arm of privately held US broker Lockton Group - to transition from a limited company to an LLP counters years of migrations in the other direction.
Of the significant London wholesalers only Millers retains a partnership structure, in...
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