BVI Offers International Arbitration Forum

In the current climate, arbitration is on the rise as a method of dispute resolution, with the British Virgin Islands (BVI) having the potential to become a popular choice of seat in the region. Together with litigation, which remains the dominant form for commercial dispute resolution, we look at the BVI's wider role and increased attractiveness in the field of international arbitration.

The British Virgin Islands is currently a fledgling but promising forum for the arbitration of commercial disputes. The BVI is a truly international jurisdiction. It is a major offshore financial centre, particularly specialising in the formation of group parent companies, asset-holding special purpose vehicles, and investment funds. The country's recognisable English law origins and progressive legal framework governing the administration of trusts has made it a popular jurisdiction for international private wealth structures. As a self-governing British Overseas Territory, the