Unlimited Company

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Related to Unlimited liability company: Limited liability company, NSULC

Unlimited Company

A company in which all members or shareholders have total and joint responsibility to cover all debts and other liabilities the company generates, regardless of how much capital each contributes. An unlimited company presents higher risk than a limited company (such as a publicly-traded company or a limited liability company). However, the finances of an unlimited company are able to remain private and, for that reason, it may be a preferable business structure in some circumstances. One may register an unlimited company in the United Kingdom, Germany, Ireland and many Commonwealth countries.
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this unlimited liability company negatively impacted upon many of its
Along with his numerous published lectures and press conferences and releases, plus his 1983 long-playing gramophone record entitled Unlimited Liability Company, these works constitute an enduring testimony to Soyinka's stature as a politically committed luminary of the arts.
Brant-Allen"), an intermediate parent of the Company, White Birch Paper Company, a Nova Scotia unlimited liability company ("White Birch"), proposes, subject to market and other customary conditions, to commence a private offering of two series of senior notes in an aggregate principal amount of $400 million, consisting of fixed rate senior notes due 2015 and floating rate senior notes due 2012.