688 results found

In unanimously dismissing the appeal, the Board found that in determining whether payments had been made for an improper purpose, on the facts general purpose could not be separated...

The Trusts (Amendment) Law 2016 (the Amendment Law) was gazetted on 23 November 2016 and has amended and modernised the current Cayman Islands Trusts Law (2011 Revision).

Under BVI law, directors have wide ranging powers to act on behalf of a BVI company without the need to obtain separate member approval.

The Bermuda Commercial Court has provided guidance as to the considerations it will take into account when deciding the identity of the JPLs.

Most financing transactions require a legal opinion where the BVI entity is a borrower, is providing some type of security or guarantee, or is involved in other complex funding arrangements.

The Eastern Caribbean Court of Appeal recently handed down an important judgment in the case of Al-Thani v Al Thani, permitting the enforcement of foreign oral wills in the BVI.

The BVI Financial Services Commission has introduced new annual return reporting requirements for certain categories of licensees, including trust companies, investment managers/ investment advisors and fund administrators.

The BVI Securities and Investment Business Act contains a consolidated version of the British Virgin Islands Securities and Investment Business Act, 2010 as amended. The most recent legislative amendment...

There is no bespoke legislation dealing with "pre-pack" restructuring or sale of the business or assets of an insolvent British Virgin Islands (BVI) company, and in practice, as primarily a holding company...

In our British Virgin Islands office, our most popular posts and publications ranged from practical advice on doing business in the jurisdiction through to sanctions on the global stage, ...

In December 2020, Tethyan Copper Company (TCC) obtained an ex-parte order against the Islamic Republic of Pakistan (Pakistan), Pakistan International Airlines Corporation (PIA) and various of its subsidiaries,...

The BVI Commercial Court granted further relief on 28 May in the Nam Tai litigation to stop rival arbitration proceedings commenced in Hong Kong.

The Non-Profit Organisation Act, 2012 (the "Act") came into force on 1 January 2013 and introduces a registration and compliance regime for non-profit organisations operating in the British Virgin Islands.

First is the welcome news that execution requirements in relation to BVI law governed deeds will be clarified.

Amendments to the BVI Business Companies Act in the British Virgin Islands ("BVI") have increased the focus on the role of the voluntary liquidator in the jurisdiction.

A BVI company can grant security over its assets in any manner permitted or required in the local jurisdiction where such assets and/or tangible moveable property are located.

The British Virgin Islands has long been a favourable jurisdiction to structure investment deals, either through the SPV (special purpose vehicle)

With the end of the calendar year coming into view, entities incorporated in the British Virgin Islands ("BVI") nearing the end of their life cycle should consider the relevant deadlines and steps necessary to save money...