British Virgin Islands: Court Procedure

On April 15, 2024, the Eastern Caribbean Supreme Court (Territory of the Virgin Islands) ("the BVI Court"), held that even partial arbitral awards can be final and binding.

This guide explores the latest legislative, regulatory and enforcement developments in the British Virgin Islands and provides expert analysis on industry-wide topics including the local legal framework, the main stages of a fraud case, parallel proceedings, cross-jurisdictional mechanisms, recent developments, technology and other impacting factors.

Conyers associate Aaron Mayers discusses the impact of Servis-Terminal v Drelle on BVI Law and the questions it has raised.

On 17 February 2025, the BVI Court recognised a Committee, appointed by the Hong Kong Court of First Instance, with responsibility over the financial affairs of a family member who lacks capacity and has movable assets in the BVI.

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

Jurisdictions in which the ultimate avenue for appeal lies to the Judicial Committee of the Privy Council (the "Board" or "Privy Council") have different local statutory and procedural rules...

Fraud and insolvency can be vexing. However, there are a number of tools available to an insolvency professional who is faced with an insolvent estate that has been made the victim of grand malfeasance or fraud.

With the development of the BVI as an offshore financial centre ('OFC') in the early 1980s many companies have decided to establish domicile in the jurisdiction.

At an appropriate stage in an investigation, consideration ought to be given to administering a polygraph examination of the principal target or other primary witnesses.

On January 21, 2025, the Court of Appeal in England in Valeriy Ernestovich Drelle v Servis-Terminal LLC (Drelle) ruled that a debt based on a foreign judgment that has not been recognised in England cannot be used to found an application for a bankruptcy order

In a judgment handed down on 15 April 2025, Stevanovich v Matthew Richardson and another (as Joint Liquidators of Barrington Capital Group Ltd (in Liquidation) [2025] UKPC 18...

Conyers associate Aaron Mayers discusses the impact of Servis-Terminal v Drelle on BVI Law and the questions it has raised.