Possible projects

We act for an investment and trading company specialising in let residential property. The company has identified properties which if purchased could be developed over a 12 to 18-month period and sold at a gain. Such projects require funding and the company has an introduction to a number of prospective partners each willing to fund a project.

The suggested scenario is that a limited liability partnership (LLP) will be formed for each project such that our client company will be one partner with an 80% share holding and the investor will be the second partner with 20%. Alternatively it occurs to me that separate limited companies might be better. In any event the project and management will come from our client and the deposit from the investor with a bank to fund the balance. At the conclusion of the project on the sale of the property...