British Virgin Islands: Litigation, Mediation & Arbitration

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Article
Do I Need Sanction? Liquidation Orders In The BVI And Scope Of Powers – Revisited
The British Virgin Islands Commercial Court has issued a significant ruling clarifying that liquidators should have broad powers to act without prior court approval, marking a departure from longstanding practice. Justice Mithani's decision in Jin Yao Holdings Ltd v Forever Winner International Ltd challenges the routine inclusion of sanction requirements in liquidation orders, restoring flexibility to insolvency practitioners while maintaining appropriate judicial oversight.
British Virgin Islands Insolvency
C
Conyers
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