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A Fresh Look at Exempted Limited Partnerships in the Cayman Islands

Topic:       A Fresh Look at Exempted Limited Partnerships in the Cayman Islands
 
Authors:  Jeremy Walton, Robin McMillan
 
Published:   Jun 2010
 
Synopsis:   On August 31, 2009, the Cayman Islands Court of Appeal delivered an important judgment on exempted limited partnership agreements in the Cayman Islands which also commented upon the Exempted Limited Partnership Law (2007 Revision) (ELPL), as amended by the Exempted Limited Partnership (Amendment) Law 2009. The decision emphasized a need for deference to the terms of the underlying limited partnership agreement itself. In light of this development, enhanced attention should now be paid to the precise drafting of the terms of these agreements given their heightened importance.
 
Practice Area: Litigation and Insolvency
 
Jurisdiction: Cayman Islands
 
Download:   File size: 162 KB - Number of pages: 4

For more information download: A Fresh Look at Exempted Limited Partnerships.

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