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Cayman Islands

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Cayman Islands > Legal Developments > Law firm and leading lawyer rankings

Editorial

Revised Exempted Limited Partnership Law

The revised law applicable to Exempted Limited Partnerships ("ELPs"), the Exempted Limited Partnership Law (2014 Revision) (the "Law"), came into force on 2 July 2014.

The purpose of the revised Law is principally to enhance Cayman's partnership formation framework by providing much more contractual flexibility and to help align the drafting of a Cayman Islands partnership agreement with that of an onshore partnership in, for example, master/feeder structures.

To read our detailed legal update click here revised_exempted_limited_partnership_law