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ARTICLE · 07 APRIL 2017

Norwich Pharmacal – A Key Tool For Asset Tracing And Enforcement

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Walkers

Walkers

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In an unreported Judgment, Justice Kaye QC reaffirmed the principles by which the Court would order Norwich Pharmacal relief.

British Virgin IslandsLitigation, Mediation & Arbitration

In a recent application before Justice Kaye QC in the BVI Commercial Court Walkers successfully obtained a Norwich Pharmacal Order against the Registered Agent of a BVI Company alleged to have been involved in a wrongdoing.

In an unreported Judgment, Justice Kaye QC reaffirmed the principles by which the Court would order Norwich Pharmacal relief. These principles are neatly set out in the case of JSC BTA Bank:

"There are two threshold requirements for the jurisdiction of the court to come into being. First there must have been a wrong.... Second, the respondent to an application for disclosure must have "become mixed up" in it. That is the basis of the jurisdiction. A further principle to apply, have the threshold requirements have been satisfied, is the one of necessity."

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