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Close-out netting and set-off provisions for BVI, Cayman Islands, Guernsey and Jersey counterparties
- Ogier
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- British Virgin Islands, Cayman Islands, Guernsey, Jersey
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- September 22 2011
The Insolvency Act 2003 of the British Virgin Islands (the “IA”) provides that the netting of financial contracts is legally enforceable notwithstanding any provisions of the IA or the Insolvency Rules
