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ARTICLE · 26 FEBRUARY 2014

Game-Changer: Harneys Opens Door To Foreign Enforcement Actions In The BVI

Harneys has successfully brought an action that changes the law relating to the access of the BVI Courts to enforce a foreign judgment.

British Virgin IslandsLitigation, Mediation & Arbitration

Harneys has successfully brought an action that changes the law relating to the access of the BVI Courts to enforce a foreign judgment. The Court of Appeal victory was quickly followed by a change in the civil procedure rules to reflect the judgment.

Prior to the decision of the Eastern Caribbean Supreme Court in the Court of Appeal on 18 December 2013, a claimant who sought to enforce a money judgment from a non-recognised foreign court (recognised foreign courts defined below) against a foreign defendant would have encountered an insurmountable hurdle in obtaining leave to serve the claim out of the jurisdiction. Indeed, Westburg Anstalt (Westburg) faced such a hurdle when it obtained a final and conclusive monetary judgment from the Courts of Liechtenstein against Profitstar Anstalt (Profitstar). Westburg initiated a claim in the BVI intending to enforce its monetary judgment against shares held by Profitstar in a BVI company. The Court at first instance dismissed

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