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If the dispassionate analysis confirms the constitutionality of CAMA’s LP vehicle, then there is no cause for concern; however, a contrary finding will entail further questions and remedial steps - in order to ensure that the LP regulatory framework does not make businesses (such as funds in the private equity (PE) industry), nervous. Incidentally, CAMA’s limited liability partnership (LLP) provisions do not appear to have any questions of constitutional validity, but may impact the LLP provisions of the Partnership
Law of Lagos State (PLLS), which appears to be the only State Law with LLP provisions
