In the matter of Duet Real Estate Partners 1 LP [2011] CIFsd 21 (07 June 2011)

The partnership is unable to carry on business profitably and should be wound up.

Citation: [2011] CIFsd 21
Parties: Applicant: Duet Real Estate Partners 1 LP
Jurisdiction: Cayman Islands
Judgment Date: 07 June 2011
Procedural Posture: Company Law Application / Judgment
Outcome: application granted
Legal Topics: Partnership Dissolution, Winding Up

Company Law Partnership Dissolution Winding Up

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Parties

Duet Real Estate Partners 1 LP

Applicant

Procedural Posture

Company Law Application / Judgment

Legal Issues

1 Whether Duet Real Estate Partners 1 LP should be wound up

Ratio Decidendi

The partnership is unable to carry on business profitably and should be wound up.

Court Disposition

application granted

Orders

Duet Real Estate Partners 1 LP is to be wound up