July 01, 2021
Dillon Eustace becomes a limited liability partnership
With effect from 1 July 2021, Dillon Eustace has been authorised by the Legal Services Regulatory Authority of Ireland to operate, and is now operating, as a limited liability partnership under the name ‘Dillon Eustace LLP’ (the “Firm”).
From 1 July 2021, in accordance with Section 123 of the Legal Services Regulation Act 2015 (the “Act”), the individual partners in the Firm will not have any personal liability for any debts, liabilities or obligations which are incurred for the purpose of carrying on the business of the Firm as a limited liability partnership (whether these are liabilities of the Firm, of any individual partner in the Firm or of any employee, agent or representative of the Firm) however such liability may arise, save in the case of the limited exceptions set out in the Act. The Partnership Act 1890 continues to apply to the Firm to the extent that it is not inconsistent with the provisions of the Act.
Becoming a limited liability partnership impacts only on the personal liability of partners and does not prevent or restrict the enforcement against the property of the Firm of any debt, liability or obligation. The Firm continues to maintain professional indemnity insurance in order to protect the Firm and for the benefit of its clients.
If you require any further information, please contact the Firm’s Managing Partner, Donnacha O'Connor or your usual Dillon Eustace contact.
