British Virgin Islands
Last week, the Eastern Caribbean Court of Appeal (ECCA) handed down its judgment on an attempted appeal by a BVI company, Greater Sail Limited ("Greater Sail"), against orders..
When section 83 A of the British Virgin Islands' Trustee Act came into effect in 2004 the jurisdiction was regarded as having the most sophisticated and well thought-out ‘firewall' offering available, but, since then,...
The British Virgin Islands (BVI) has enacted innovative new trust legislation which includes provisions conferring on the BVI court an additional power to vary BVI trusts.
In the recent judgment in Gol Linhas Aereas SA (formerly VRG Linhas Aereas SA) (Respondent) v MatlinPatterson Global Opportunities Partners (Cayman) II LP and others (Appellants) (Cayman Islands)...
Following the decision of the BVI Commercial Court on BEC Limited v (1) A2 and (2) A1 (BVIHC (COM) 2022/0059), here is useful clarification on the late amendments...
A defendant owns a British Virgin Islands company, which controls a majority stake in a publicly listed Japanese company. A claimant obtains an ex parte interim freezing order and gives the usual cross-undertaking in...
Walkers has secured a further victory for its client, Ms. Zhao Long, in a complex dispute regarding the ownership of shares in a significant PRC pharmaceutical company in a further judgment of the British Virgin Islands...
In the British Virgin Islands, a ship mortgage is recognized as a charge or encumbrance attached to a vessel as security, guaranteeing the ship owner's obligations as mortgagor...
The BVI is a popular jurisdiction for companies providing services relating to cryptocurrencies and digital assets. It is home to various exchanges, token issuers, blockchain projects and crypto funds.
Walkers has successfully acted for its client, Successful Trend Investments Corporation ("STIC"), a company incorporated in the British Virgin Islands (the "BVI") which is part of a conglomerate of
On 11 May 2022, a judgment by the Eastern Caribbean Court of Appeal in JTrust Asia PTE. Ltd. v Mitsuji Konoshita et al and Showa Holdings provided fresh guidance on the circumstances...
Estate litigation continues to be on the rise across both the Cayman Islands and the British Virgin Islands (BVI), with an increasing number of proceedings involving some form of claim to assets...
Statutory demands in the British Virgin Islands have long been a useful option for creditors of defaulting companies.
The reason given by WKY and WKC for the Conversion was, among other things, that it was required for financing purposes.
The government of the British Virgin Islands (BVI) and the BVI Financial Services Commission (FSC) – the principal financial services regulator...
Pursuant to the Securities and Investment Business Act (2013 Revision) ("SIBA"), the Mutual Funds Regulations (2013 Revision) and the Private Investment Funds Regulations, 2019, all British Virgin Islands ("BVI") private.
In a first for the territory, the British Virgin Islands ("BVI") Commercial Court has granted a worldwide freezing order against persons unknown, being those allegedly responsible for cybercrime...
Trust practitioners will be all too familiar with the fact that, in recent years, there has been a significant increase in judgments issued from onshore jurisdictions that creditors seek to enforce...
The uncertainty that has descended on global economic markets brought about by the global covid-19 pandemic has been widespread and unprecedented.
On 5 May 2022, James Gaudin, Andrew Weaver and Gemma Whale of our Jersey office advised on the implications of a new UK law, the Economic Crime (Transparency and Enforcement) Act 2022...