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Russell Crumpler & Christopher Farmer (as Joint Liquidators of Three Arrows Capital Ltd (in Liquidation)) v Three Arrows Capital Ltd (in Liquidation) and BVIHC (Com) 2022/0119 (unreported 26 July 2023)...

In two recent cases, the British Virgin Islands Commercial Court had the opportunity to clarify the effect of section 125 of the Evidence Act 2006.

The British Virgin Islands (BVI) is a top choice for blockchain and Web 3 projects, particularly for token issuance, decentralized finance (DeFi), and decentralized autonomous organizations (DAOs).

The Financial Services Commission (FSC) is charged with regulatory issues whilst the BVI International Finance Centre handles promotional initiatives, and media relations.

Once a fairly niche investment strategy of concern to US-listed businesses, shareholder activism is an increasingly global phenomenon.

We note that interest is growing in the new form of British Virgin Islands limited partnership that can be registered under the Limited Partnership Act 2017 (the "Act").

The British Virgin Islands (BVI) as one of the leading international financial centers (IFCs) globally with over 360,000 active companies[1], has developed a flexible, commercial and innovative system.

For many settlors, particularly those from non-trust jurisdictions or from family backgrounds in which well-administered trusts do not feature[1].

The British Virgin Islands ("BVI") have now passed, and brought into effect, significant and welcome changes to its trusts and probate legislation.

The Virgin Islands Special Trust Act, 2003 (VISTA) was enacted to make special provision for trusts of shares in companies and for related matters.

In this guide, we explain how a company that was incorporated or registered in the British Virgin Islands (company) can be restored to the BVI register of companies (register).

The BVI Business Companies Act, 2004 (as amended) (BVIBC Act) is the flagship corporate legislation regulating BVI companies.

Whether fuelled by low oil, gas and commodity prices or propelled by the huge potential of the Trump administration's promises of regulatory and tax reform...

Walkers is interested to note that businesses have been increasingly taking advantage of the statutory provisions relating to mergers in the BVI. These provisions are set out in the BVI Business Companies Act, 2004 (as amended).

In our first article, we noted how the jurisdiction that was vested in the BVI High Court to make charging orders, upon its establishment in 1969, was the same as the jurisdiction that had been vested in the English High Court as at 1 January 1940.

Over the last five years, the British Virgin Islands (BVI) has introduced new provisions that will be of particular interest to corporate groups worldwide that contain one or more of the hundreds of thousands of BVI companies in existence.

The phrase "Mergers and Acquisitions" is used as a shorthand for the sale and purchase of businesses around the world. In the US, and some other legal systems, such transactions are typically effected...