British Virgin Islands: Corporate and Company Law

A BVI Court case examines whether a publicly traded company can be restrained from redomiciling to another jurisdiction when allegations of fraud and control by interested parties threaten to render enforcement of potential claims impossible. The proceedings reveal the complex interplay between corporate independence, jurisdictional authority, and the protection of alleged fraud victims in offshore litigation.

The BVI Commercial Court has followed the English Court of Appeal decision in Servis-Terminal LLC v Drelle [2025] EWCA Civ 62, holding that an unrecognised foreign court judgment cannot found insolvency proceedings.

Aside from being one of the most beautiful sailing destinations in the world, the British Virgin Islands continues to be widely regarded as an attractive jurisdiction...