934 results found

This briefing provides an overview of the British Virgin Islands restricted purposes company, a vehicle specifically designed for securitizations and other transactions where an insolvency-remote vehicle is required.

Many businesses are currently experiencing unprecedented pressure on their cash flow as a result of the COVID-19 pandemic and the governmental restrictions which are being implemented around the world.

Estate litigation continues to be on the rise across both the Cayman Islands and the British Virgin Islands (BVI), with an increasing number of proceedings involving some form of claim to assets...

A resulting trust will generally arise by operation of law whenever a person directs property which has been acquired from his or her own resources to be placed in the name of another.

The BVI Commercial Court has confirmed that it has jurisdiction to order third parties to provide disclosure on Norwich Pharmacal principles in order to assist with the enforcement of judgments.

It has become increasingly common for shareholders to agree that disputes concerning the ownership or management of a company should be referred to arbitration.

From its infancy the 1980s in the form of arcade video gaming, electronic sports (or "esports") has seen rapid growth in recent years with the advancement in technology and the internet.

A reference to the "perfect arbitration clause" is always likely to be a little controversial.

Recent changes to company law in the BVI have introduced significant changes in substantive law in a number of areas, including that of shareholders’ rights and remedies.

Note in particular that penalties frequently apply for late filings and so the registered office should be informed promptly of any notifiable changes to allow the appropriate filing/s to be made.

The Privy Council decision Ciban Management v Citco (BVI) Ltd (the "Appeal") brings the doctrine of ostensible authority into sharp focus and highlights the extent of the duty of care owed by...

A quick reference guide to some of the most frequently asked questions arising out of financing transactions involving British Virgin Islands (BVI) companies.

新冠疫情已构成全球性大流行，坐落于大西洋和加勒比海之间的英属维尔京群岛（BVI）也无法幸免。

Since the BVI's Financial Services (Exemptions) Regulations, 2007 (as amended, "the PTC Regulations") came into effect, the BVI has become the jurisdiction of choice for private trust companies...

The frequent use of BVI companies in corporate and private wealth structures is in part down to the flexibility and simplicity of the company law regime.

Welcome to the first edition of our Quarterly Corporate Update for 2024 covering recent developments in the British Virgin Islands.

We refer to our alert from June 2019 for guidance on the requirements of the Economic Substance (Companies and Limited Partnerships) Act, 2018 and the definitions of Legal Entity, Relevant Activity and Financial Period.

The decision of the Privy Council draws a curtain on the practice of using the summary process of rectification proceedings to determine disputes concerning the beneficial ownership of BVI shares.