CVC/Opportunity Equity Partners Ltd v Demarco Almeida

JurisdictionUK Non-devolved
JudgeLord Millett
Judgment Date21 March 2002
Neutral Citation[2002] UKPC 16
CourtPrivy Council
Docket NumberAppeal No. 4 of 2001
Date21 March 2002
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98 cases
  • Re Strategic Turnaround Ltd
    • Cayman Islands
    • Court of Appeal (Cayman Islands)
    • 12 December 2008
    ...considered. (2) Brac Construction Ltd. v. Broome, 2006 CILR 185, considered. (3) CVC/Opportunity Equity Partners Ltd. v. Demarco Almeida, 2002 CILR 77; [2002] 2 BCLC 108; [2002] BCC 684; [2002] UKPC 16, followed. (4) Charles Forte Invs. Ltd. v. Amanda, [1964] Ch. 240; [1963] 3 W.L.R. 662; [......
  • Camulos v Kathrein
    • Cayman Islands
    • Court of Appeal (Cayman Islands)
    • 18 March 2010
    ...2), [1976] Ch. 63; [1976] 2 W.L.R. 41; [1976] 1 All E.R. 25, referred to. (2) CVC/Opportunity Equity Partners Ltd. v. Demarco Almeida, 2002 CILR 77; [2002] BCC 684; [2002] 2 BCLC 108; [2002] UKPC 16, applied. (3) Cadiz Waterworks Co. v. BarnettELR(1874), L.R. 19 Eq. 182; 44 L.J. Ch. 529; 23......
  • Re Fortuna Dev Corporation
    • Cayman Islands
    • Court of Appeal (Cayman Islands)
    • 17 August 2010
    ...R. Hacker, Q.C. and G. Halkerston for the respondents. Cases cited: (1) CVC/Opportunity Equity Partners Ltd. v. Demarco Almeida, 2002 CILR 77; [2002] 5 LRC 632; [2002] 2 BCLC 108; [2002] BCC 684; [2002] UKPC 16, dicta of Lord Millett applied. (2) Campbell v. Edwards, [1976] 1 W.L.R. 403; [1......
  • Re Freerider
    • Cayman Islands
    • Grand Court (Cayman Islands)
    • 13 May 2010
    ...(1) Belmont Asset Based Lending Ltd., In re, 2010 (1) CILR 83, followed. (2) CVC/Opportunity Equity Partners Ltd. v. Demarco Almeida, 2002 CILR 77; [2002] 2 BCLC 108; [2002] BCC 684; [2002] UKPC 16, dicta of Lord Millett applied. (3) Camulos Partners Offshore Ltd. v. Kathrein & Co, 2010 (1)......
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4 firm's commentaries
  • Mixing Business With Family: Quasi-Partnership In Family Companies
    • Cayman Islands
    • Mondaq Cayman Islands
    • 27 May 2022
    ...Ltd', 29 April 2022, 2 Which the Cayman Islands courts would treat as persuasive authority. 3 See Re CVC/Opportunity Equity Partners Ltd [2002] CILR 77 (a decision of the Privy Council on appeal from the Cayman Islands Court of 4 Incl. Ebrahimi v Westbourne Galleries Ltd [1973] AC 360; O'Ne......
  • Court Of Appeal Guidance On Just And Equitable Winding Up Petitions
    • Cayman Islands
    • Mondaq Cayman Islands
    • 2 July 2015
    ...wrong to find that Trikona was a quasi-partnership between Mr Kalra and Mr Chugh. CVC/Opportunity Equity Partners Ltd v Demarco Almedia [2002] CILR 77 at [34] per Lord [1999] 1 WLR 1092. [2010] 1 CILR 303. [2012] (2) CILR 33. Within the meaning of Order 62, Rule 4(11) of the Grand Court Rul......
  • Cayman Appeal Court Applies Minority Discount In Appraisal Cases Under Section 238 Of The Companies Law
    • Cayman Islands
    • Mondaq Cayman Islands
    • 16 March 2018
    ...to argue on appeal that the Court should follow the Privy Council decision in CVC/Opportunity Equity Partners Ltd v Demarco Almeida [2002] 2 BCLC 108 in which the Court assessed the appropriateness of a share buy-out offer in the context of an unfair prejudice petition. The Board determined......
  • Cayman Appeal Court Hands Down Two Important Decisions In Appraisal Cases Under Section 238 Of The Companies Law
    • Cayman Islands
    • Mondaq Cayman Islands
    • 30 April 2018
    ...to argue on appeal that the Court should follow the Privy Council decision in CVC/Opportunity Equity Partners Ltd v Demarco Almeida [2002] 2 BCLC 108 in which the Court assessed the appropriateness of a share buy-out offer in the context of an unfair prejudice petition. The Board determined......
3 books & journal articles
  • The statutory unfair prejudice remedy for minority shareholder protection in Pakistan. Difficulties of section 290 of the Companies Ordinance 1984
    • United Kingdom
    • Emerald Journal of Financial Crime No. 20-1, December 2012
    • 28 December 2012
    ...959; Re Jayflex Construction Ltd [2003] EWHC 2008; Croly v.Good [2010] EWHC 1; CVC Opportunity Equity Partners Ltd v. Demarco Almeida [2002].2 BCLC 108; Re McCarthy Surfacing Ltd [2008] EWHC 2279; Howie v. Crawford [1990]BCC 330In the matter of Home & Office Fire Extinguishers Ltd [2012] EWHC......
  • Complainants' Remedies
    • Jamaica
    • Corporate Business Principles. A Guide to the Jamaica Companies Act
    • 18 February 2021
    ...[1973] AC 360, 379. 55. O’Neil v Phillip [1999] 1 WLR 1092. 56. [2001] BCC 692; see also CVC/ Opportunity Equity Partners Ltd v Demarco [2002] UKPC 16, (2002) 60 WIR 70; Ward v Rum Reinery of Mount Gay Ltd No 357 of 1990 High Court, Barbados, October 25, 1990 (BB 1990 HC 64). 57. Caribbean ......
  • Winding Up
    • Jamaica
    • Corporate Business Principles. A Guide to the Jamaica Companies Act
    • 18 February 2021
    ...New Zealand Gold Extraction Co (Newbery-Vautin Process) v Peacock [1894] 1 QB 622 (CA). 16. CVC/Opportunity Equity Partners Ltd. Demarco [2002] UKPC 16, (2002) 60 WIR 70 [31]; he Inertia Partnership LLP, Re [2007] BCC 656 [51]; Walter L. Jacob and Co Ltd. Re (1989) 5 BCC 244 (CA). 93 corpor......

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