233 results found

In this guide, Michael Gagie and Matthew Gilbert provide an overview on lending and secured finance law in the British Virgin Islands.

Welcome to our March 2016 BVI litigation and insolvency bulletin, co-authored by Ben Mays, Andrew Chissick and Jevaughn Rhymer.

Arabella di Iorio provides an analysis of current economic conditions and insolvency case developments in the British Virgin Islands.

On 20th November 2017 the Court of Appeal handed down its judgment in the latest round of litigation arising out of the fallout of Bernard Madoff's multi-billion-dollar ponzi scheme.

On 20 September 2016, the BVI Commercial Court clarified the question of whether the BVI Insolvency Act 2003 (the Act) provided a basis for liquidators to draw fees on account...

On 20 September 2016, the BVI Commercial Court clarified the question of whether the BVI Insolvency Act 2003 provided a basis for liquidators to draw fees on account before having formal approval...

One of the aims of the BVI Insolvency Act (“the Act”) is to bring certainty to the insolvency regime in the BVI, including time limits for compulsory winding up procedures. In two recent cases the High Court gave a clear message that time limits will be strictly applied, even where this means a BVI company is then subject to a liquidation order.

As 2023 gets into its stride and with the financial markets forecasting severe economic challenges in 2023, we are seeing an increasing number of enquiries from creditors with respect...

Walkers BVI has set the date for its Insolvency and Dispute Resolution Seminar. The seminar will take place on 29 October 2015 at the Old Government House in Road Town, British Virgin Islands.

Ogier in the BVI has welcomed two new litigators - Daniel Mitchell and Katherine Bradley – to its dispute resolution team, who have joined as senior associate and associate respectively

This decision relates to an appeal to the Privy Council out of the British Virgin Islands dealing with the question of staying winding up proceedings where there is an agreement to arbitrate.

Ogier's Head of Dispute Resolution in the BVI is speaking about solutions to common obstacles faced by liquidators in the early stages of a liquidation at an INSOL seminar today (17 November).

Entities in the British Virgin Islands may qualify for exemptions from Annual Return requirements based on specific criteria. BVI Business Companies and Limited Partnerships can avoid filing obligations if they meet conditions such as being listed on recognized exchanges, regulated by the FSC, or filing tax returns with financial statements.

The Insolvency Act, 2003 of the British Virgin Islands (the "IA") provides that netting provisions in financial contracts are exempted from the insolvency provisions of the IA.

A recent matter which came before a strong Court of Appeal panel demonstrates that the BVI Court will continue to come to the aid of creditors pursuing unpaid debts and that they should not necessarily...

In the recent judgment of the ECSC in the matter of Sumner Group Mining Limited v Zica S.A (BVIHC (Com) 2020/0171, Walkers successfully represented the respondent in defending...

The powers of provisional liquidators are limited to the extent necessary to maintain the value of the company's assets.

The BVI Commercial Court today handed down a landmark judgment appointing ‘soft touch' provisional liquidators.