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Court hands down key judgment on hedge fund insolvencies
- Harney Westwood & Riegels
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- British Virgin Islands
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- April 5 2013
On March 11 2013 the Court of Appeal of the Eastern Caribbean Supreme Court handed down an important ruling on the question of where investors stand
Court hands down key judgment on hedge fund insolvencies
- Harney Westwood & Riegels
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- British Virgin Islands
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- April 4 2013
A recent appeal court decision provided an important ruling on the question of where investors stand in the 'waterfall' of distributions in the
Shell sheds light on Westford
- Harney Westwood & Riegels
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- British Virgin Islands
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- October 26 2012
In the recent decision of Kenneth Krys and Joanna Lau (as Joint Liquidators of Fairfield Sentry Limited in Liquidation) and Stichting Shell Pension Funds, HCVAP 2011036, the ECSC Court of Appeal provided some clarification of its decision in Westford Special Situations Fund Limited v Barfield Nominees Limited et al HCVAP No
Enforcing orders made in foreign insolvency proceedings
- Harney Westwood & Riegels
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- British Virgin Islands, Cayman Islands, United Kingdom
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- October 24 2012
This article sets out the potential impact in the BVI and Cayman of the much anticipated Supreme Court decision in Rubin v. Eurofinance SA 2012 UKSC 46, which was handed down on 24 October 2012
Case law update
- Harney Westwood & Riegels
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- British Virgin Islands
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- November 22 2011
In a decision of interest to a number of jurisdictions where these types of claims have been made, the BVI Commercial Court recently handed down judgment in the claim brought by the liquidators of Fairfield Sentry Limited, a BVI fund which invested in Bernard Madoff's investment vehicle
Redemption of shares and consideration
- Harney Westwood & Riegels
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- British Virgin Islands
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- September 22 2011
In a decision of interest in a number of jurisdictions where these types of claims have been made, the BVI Commercial Court handed down judgment today in the claim brought by the liquidators of Fairfield Sentry Limited, a BVI fund which invested in Bernard Madoff’s investment vehicle
Finality of foreign judgments
- Harney Westwood & Riegels
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- British Virgin Islands
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- September 22 2011
In an application to wind up a BVI company the BVI Court re-stated the rules on when a foreign judgment creates an issue estoppel
BVI Commercial Court case notes - June 2011
- Harney Westwood & Riegels
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- British Virgin Islands
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- June 23 2011
One of the largest cases in the BVI Commercial Court this year is the litigation brought by the liquidators of Fairfield
Insolvency position clarified in the BVI
- Harney Westwood & Riegels
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- British Virgin Islands
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- April 4 2011
On Friday 1 April, the Court of Appeal handed down its much awaited written judgment in Westford Special Situations Fund Limited v Barfield Nominees et al
Restoration of companies to the register
- Harney Westwood & Riegels
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- British Virgin Islands
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- March 22 2011
In Yeung Kwok Mung v The Attorney General and the Financial Services Commission, BVIHCM 20110002 and Dedyson Enterprises Limited v Registrar of Corporate Affairs, BVIHCM 20110008, the BVI High Court Commercial Division addressed the principles applying to restoration applications under section 43 of the BVI Business Companies Act (the "BC Act"
