We have already seen these provisions being used successfully to obtain injunctions and expect this to continue in 2022.

In 2023, the British Virgin Islands (BVI) and other Eastern Caribbean Supreme Court Member States implemented significant revisions to the Civil Procedure Rules.

The BVI High Court, Commercial Division has, in a first for the jurisdiction, appointed "light-touch" joint provisional liquidators ("RPLs")

It is time to start planning the liquidation of those entities that have reached the end of their life cycle, to ensure that unnecessary Registry fees are not incurred.

If your British Virgin Islands ("BVI") company was incorporated in the second half of any given year, then the 2022 annual BVI Registry fees will be payable by 29 November 2021.

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

Conyers Dill & Pearman act for a group of minority shareholders of a BVI company known as King Bun Limited in a derivative action against its Hong Kong based directors for damages caused to the company ...

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...

Ogier has successfully represented the applicants in a BVI scheme of arrangement for a debt restructuring, as part of a $1.5 billion global restructuring, demonstrating the ability of our transactional and dispute...

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, ...

Conyers BVI litigators Richard Evans and Charles Goldblatt secure the appointment of Provisional Liquidators over All Year Holdings Limited ("AYH") at an urgent hearing before the BVI Commercial Court on 20 December 2021...

Indah Kiat is part of the Asia Pulp and Paper (APP) Group of Companies which focuses on manufacturing pulp, paper and packaging related products.

The British Virgin Islands (BVI) is once again considering proposals to bring into force provisions which permit the making of administration orders in relation to BVI companies.

The British Virgin Islands (BVI) instigated entry restrictions for all visitors in mid-March and is currently operating a full lockdown system for all residents, apart from essential workers.

The British Virgin Islands has, as of 18 September 2024, extended the list of ‘Relevant Foreign Countries' for the purposes of Part XIX of the BVI Insolvency Act, which governs Orders in Aid of Foreign Proceedings.

In a paper published by INSOL International, we cover cross-border investigations by IPs and restructuring advisors and showcase the legal framework across the BVI, Cayman Islands, Hong Kong, Singapore and the U.S.

The applications were unsuccessfully contested on the principal ground that the appointment of liquidators would irretrievably damage the prospects of a wider, global restructuring...

The BVI statutory merger process is recognized globally and has been used effectively for many years. However, today, more global entities increasingly use BVI statutory mergers in high-value cross-border transactions.

In its judgment dated 28 July 2021, the BVI Commercial Court, determined both that as matter of jurisdiction, and in the exercise of his discretion he should permit creditors...

As government financial support introduced during the pandemic is withdrawn, restructuring, insolvency and corporate recovery practitioners are braced for an increase in demand from clients.