868 results found

Insolvency law in the Cayman Islands is principally regulated by the Companies Act and the Companies Winding Up Rules, and they are supplemented by a wide body of case law.

It seems that 2017 will go down as the year of the ICO. Whilst still not mainstream, the pool of people in the financial services sector who have never heard of Bitcoin, cryptocurrencies...

In the recent decision of CF v DLG, the BVI Commercial Court held that a two-step process is to be preferred over the use of "wrap up orders" in Norwich Pharmacal proceedings.

Currently pending ratification, the treaty between Cyprus and Barbados (the Treaty) was signed on the 3 May 2017 by Mr Euripides L Evriviades, the High Commissioner of Cyprus in the United Kingdom...

A discussion on a number of recent BVI case notes.

The primary issues that a person intending to import a yacht into the BVI needs to consider are import duties and satisfaction of any applicable regulatory/licensing requirements.

As a long suffering Liverpool supporter, I can absolutely assure you that I have literally no interest or desire to defend Jose Mourinho or Christian Ronaldo.

In August 2015 the Cayman Islands Grand Court struck out as an abuse of the process of the Court a winding up petition presented in contravention of Section 95(2) of the Companies Law (2013 Revision) (Law).

One of the reasons why the Cayman Islands is a leading offshore jurisdiction is the flexibility of Cayman Islands companies. The main legislation regulating the formation and operation...

One way in which BVI companies remain relevant and popular is as a vehicle for taking a company or group public on a stock market

Historically receiverships were viewed as a draconian remedy of last resort. Today, however, receivers are appointed to address a wide range of legal circumstances.

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

The BVI has significantly developed and promoted its role in international arbitration in the last decade.

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

Harneys Partner Colin Riegels tells the story of the development of the BVI’s landmark IBC Act of 1984.

Section 92(e) provides that a company may be wound up if the court is of the opinion that it is just and equitable to do so.

If the SIB Law applies to an entity and its activities, then that entity must apply to the Cayman Islands Monetary Authority for a licence under the SIB Law unless otherwise specifically exempted.

On 4 December 2024, the Governor of the Virgin Islands approved the BVI Business Companies (Amendment) (No. 2) Act, 2024, marking a significant update to the legal framework governing BVI business companies.