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1
Bermuda Insolvency Law In 60 Seconds
Insolvency law in Bermuda is principally regulated by the Companies Act 1981 and the Companies Rules 1982, supplemented by a wide body of case law.
Bermuda
6 Nov 2017
2
Restructuring And Insolvency
Harneys partner Andrew Thorp and senior associate Mark Rowlands contributed "British Virgin Islands: Restructuring & Insolvency" in The In-House Lawyers, Restructuring & Insolvency Country Comparative Guide.
British Virgin Islands
11 Aug 2017
3
Restructuring And Insolvency
Harneys' affiliate office Zuill & Co contributed "Bermuda: Restructuring & Insolvency" in The In-House Lawyers, Restructuring & Insolvency Country Comparative Guide.
Bermuda
10 Aug 2017
4
The Company's Property – Litigation Funding And Insolvent Companies
Tucked away in dusty corners of the Insolvency Act 2003 are two slightly obscure provisions: sections 251 and 257.
British Virgin Islands
8 Jun 2017
5
BVI Adopts Guidelines For Communication And Cooperation Between Courts
The BVI today adopted new guidelines for communication and cooperation between courts in cross-border insolvency matters.
British Virgin Islands
17 May 2017
6
Voluntary Liquidation Of A Cayman Islands Exempted Company
This guide outlines the procedure for a voluntary liquidation of a solvent Cayman Islands exempted company and the duties of its liquidator.
Cayman Islands
15 May 2017
7
Judges Lead The Way On Cross-Border Insolvency Initiatives
The last decade has exposed the bankruptcy courts across the globe to a large volume of international work, and with that experience in mind, the Judicial Insolvency Network (JIN)...
British Virgin Islands
15 Feb 2017
8
Sell-Side Risk In The BVI
In an era of increasing complexity in regulation globally, the BVI has carefully built a simple and clear regulatory framework that minimises the legal risk for lenders and financial markets participants dealing with BVI companies.
British Virgin Islands
6 Feb 2017
9
More Questions Of Standing Of Beneficial Shareholders
In a recent decision in the case of TIPP Investments PCC v. Chagala Group Ltd. et al (BVIHCM 102/2016), Mr Justice Davis-White clarified the issue of the standing of beneficial shareholders that we highlighted in our previous article. As we had said was the likely outcome of any reconsideration of the case of Headstart Class F Holdings Ltd and another v Y2K Finance Inc (BVIHCV 278/2007
British Virgin Islands
15 Jan 2017
10
The Bermuda Restructuring JPL And The Requirement Of Independence
The Bermuda Commercial Court has provided guidance as to the considerations it will take into account when deciding the identity of the JPLs.
British Virgin Islands
29 Nov 2016
11
Guide To Voluntary Liquidation Of A Cayman Islands Exempted Company
This guide outlines the procedure for a voluntary liquidation of a solvent Cayman Islands exempted company and the duties of its liquidator.
British Virgin Islands
15 Nov 2016
12
Widening The Net: BVI Court Expands Post Judgment Norwich Pharmacal Jurisdiction
In UVW v XYZ, the BVI Court gave an important judgment in relation to the obligations of a registered agent to provide third party disclosure to assist a foreign judgment creditor trace assets.
British Virgin Islands
9 Nov 2016
13
Q&A For Solvent Voluntary Liquidations For BVI Companies
This is a short guide to solvent voluntary liquidations of companies incorporated in the British Virgin Islands.
British Virgin Islands
28 Oct 2016
14
Global Insolvency Judges Launch Guidelines For Cooperation In Cross-Border Insolvency Matters
Judges from 10 jurisdictions met in October 2016 in Singapore for the inaugural Judicial Insolvency Network Conference.
British Virgin Islands
27 Oct 2016
15
Liquidators' Fees: BVI Court Provides Green Light For Liquidators To Draw Interim Payments On Account Without A Formal Fee Approval
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...
British Virgin Islands
10 Oct 2016
16
Liquidators' Fees: BVI Court Provides Green Light For Liquidators To Draw Interim Payments On Account Without A Formal Fee Approval
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...
British Virgin Islands
5 Oct 2016
17
Cayman Decision Of Herald Fund SPC
Investors' claims for unpaid redemption proceeds in winding up of Cayman Islands investment funds.
Cayman Islands
3 Oct 2016
18
The Bermuda Restructuring JPL: Super Flexible And Key To Monitor Company-Driven Restructurings
In the recent Bermuda case of Up Energy Development Group Limited, the debtor Company sought to resist a creditor request to appoint Joint Provisional Liquidators...
Bermuda
3 Oct 2016
19
Anti-Suit Injunction Allows Winding Up To Proceed In Harmony
In Re Ardent Harmony Fund Inc (In Official Liquidation)(FSD 54 of 2016), Chief Justice Smellie granted an anti-suit injunction restraining the largest creditor of Ardent Harmony Fund Inc...
Cayman Islands
5 Jul 2016
20
Appointment Of Receivers In The British Virgin Islands
The Receiver represents arguably the most powerful weapon in the armoury available for asset tracing into the BVI.
British Virgin Islands
19 Apr 2016
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