What Is a Special Limited Partnership ? (Société en Commandite Spéciale) - SPL I - #321-310*

A special limited partnership (SLP) or société en commandite spéciale (SCSp - in French) is one of the limited partnerships under Luxembourg law.

The SLP is formed by a partnership agreement which provides for the terms and conditions of the company. The SLP agreement is entered into, for a limited or unlimited duration , by:

• one or more general partners (associés commandités) with unlimited, joint and several liability for the commitments of the partnership , with
• one or more limited partners (associés commanditaires) who commit only a predetermined amount of partnership interests , whether or not represented by securities, in accordance with the terms and conditions provided for in the partnership agreement.

References : Article 320-1 (1) of the law of 10 August 1915 on commercial companies as amended; Qu’est-ce qu’une société en commandite spéciale ? July 7, 2020, Bertrand Mariaux.

What Is a Special Limited Partnership (Société en Commandite Spéciale) - #321-310* *Article #321-310* *YouTube Video 310* . . . . . . . .

*YouTube Video 310*

Prestation de serment (Swearing-in oath): Luxembourg (2011), Certificat d’Aptitude à la Profession d’Avocat, École de Formation professionnelle des Barreaux de la Cour d’appel de Paris (2009), Bond University (LL.M. (distinct.), International Legal Practice, 2010), Université Sorbonne Paris Nord & University of Limerick (Master in European & International Law - major in economics, 2008), certified Expert in Microfinance (Frankfurt School of Finance & Management, 2015), social entrepreneurship (University of Oxford, 2015 & The Wharton School of Social Policy & Practice, 2014) and social & solidarity economy (International Labour Organization Academy - Social & Solidarity Economy, Organisation Internationale du Travail - Économie Sociale et Solidaire, 2017)

Contributor : Cédric Buisine, Avocat

Editor : Hannah Seulgee Jung

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