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 move 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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