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2.66 MB
Extraction Summary
0
People
3
Organizations
1
Locations
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Events
1
Relationships
3
Quotes
Document Information
Type:
Legal document / corporate organizational summary (likely part of a private placement memorandum)
File Size:
2.66 MB
Summary
This document outlines the legal structure of 'KUE,' a Cayman Islands exempted limited partnership, and its General Partner. It details the legal frameworks (ELP Law 2003 and Companies Law 2004) governing these entities, specifically noting that the agreement limits the General Partner's liability and fiduciary duties to the Limited Partners. The document explicitly states that investors purchasing units consent to conflicts of interest that might otherwise be breaches of duty.
Organizations (3)
| Name | Type | Context |
|---|---|---|
| KUE |
A Cayman Islands exempted limited partnership.
|
|
| General Partner |
Incorporated in Cayman Islands to manage KUE.
|
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| Registrar of Exempted Limited Partnerships |
Entity with which KUE is registered in the Cayman Islands.
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Locations (1)
| Location | Context |
|---|---|
|
Jurisdiction of incorporation for KUE and the General Partner.
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Relationships (1)
The principal business purpose of the General Partner is to act as the general partner of KUE, to own interests in KUE and to engage in activities related thereto
Key Quotes (3)
"KUE is constituted as a Cayman Islands exempted limited partnership under the Exempted Limited Partnership Law (2003 Revision)"Source
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Quote #1
"The Limited Partnership Agreement of KUE limits the liability and reduces the fiduciary duties of the General Partner to the Limited Partners of KUE"Source
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Quote #2
"By purchasing Units, Investors are treated as having consented to various actions contemplated in the Limited Partnership Agreement and conflicts of interest that might otherwise be considered a breach of fiduciary or other duties under applicable Cayman law."Source
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Quote #3
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