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BRITISH VIRGIN ISLANDS CORPORATE ARRANGEMENT SCHEMES

June 2009 - Corporate & Commercial. Legal Developments by Harney Westwood & Riegels.

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With a global economic downturn in full swing, companies around the world are looking for ways to safeguard their future existence. The strategies employed to do so are numerous and varied but a number of companies have employed the use of corporate arrangement schemes entered into with their creditors, investors and other stakeholders as a way to refocus and preserve their business.

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