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Results: 1-10 of 68

Incredible Power - leave requirements in a derivative action BVI BCA 2004
  • Harneys
  • British Virgin Islands
  • September 30 2016

Harneys recently acted for the successful claimant on an application for her costs of a discontinued strike out application which was brought by the


Cayman decision of Herald Fund SPC
  • Harneys
  • Cayman Islands
  • September 29 2016

The Cayman Islands Court of Appeal decision in In the matter of the Herald Fund SPC (In Official Liquidation) has provided some clarity on the


BVI leave requirements in derivative actions by foreign companies
  • Harneys
  • British Virgin Islands
  • October 27 2016

Do shareholders of foreign companies require leave to bring derivative proceedings in the British Virgin Islands? Facts The BVI Commercial Court


Dispositions of assets by a British Virgin Islands company
  • Harneys
  • British Virgin Islands
  • January 11 2013

Although under British Virgin Islands law, companies are (subject to limitations in their constitutional documents) generally free to dispose of


Court gives guidance on Section 175 procedure
  • Harneys
  • British Virgin Islands
  • February 14 2013

Until recently, it was a matter of conjecture as to how the 'usual or regular course of business' exception to Section 175 of the Business Companies Act should be applied with respect to single purpose vehicles which hold a single asset


Court clarifies ranking of shareholder claim
  • Harneys
  • Cayman Islands
  • November 17 2016

The Cayman Islands Court of Appeal decision in In the matter of the Herald Fund SPC (in official liquidation) has provided some clarity on the


Derivatives, double derivatives and unfair prejudice
  • Harneys
  • British Virgin Islands
  • February 7 2013

N a recent decision concerning Sections 184C and D of the BVI Business Companies Act 2004, Microsoft made an application for leave under Section 184C


Litigation update: free-standing relief under Black Swan orders
  • Harneys
  • British Virgin Islands
  • March 22 2012

Before 2010, freezing injunctions in the British Virgin Islands were available only ancillary to a substantive domestic cause of action against the respondent


BVI injunctions in aid of foreign divorce proceedings
  • Harneys
  • British Virgin Islands
  • April 27 2012

Further to the series on interim remedies, Global Head of Litigation, Phillip Kite outlines the available options for injunctions in aid of foreign divorce proceedings


Out in the cold: how a victim can prevent dissipation of assets pending trial
  • Harneys
  • British Virgin Islands
  • July 28 2011

BVI courts are well versed in the provision of relief orders designed to preserve assets pending the resolution of a dispute