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Results: 1-10 of 41

Rights issues and the threat of unfair prejudice a BVI director’s perspective
  • Harney Westwood & Riegels
  • British Virgin Islands
  • October 26 2012

Rights issues are utilised by many companies as a means of raising finance and capital either to boost an ailing balance sheet or to fund an acquisition and promote growth without having to take on any further debt commitments with third party lenders


Dispositions of assets by a British Virgin Islands company
  • Harney Westwood & Riegels
  • 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


Derivatives, double derivatives and unfair prejudice
  • Harney Westwood & Riegels
  • 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


Alfa v Cukurova,Part VII
  • Harney Westwood & Riegels
  • British Virgin Islands
  • February 5 2013

Like a low budget horror film, the Alfa v Cukurova litigation seems to have an inexhaustible supply of sequels. However, beyond a propensity for


Court gives guidance on Section 175 procedure
  • Harney Westwood & Riegels
  • 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


Cayman court ruling on redemptions is significant legal marker for offshore funds
  • Harney Westwood & Riegels
  • Cayman Islands
  • January 13 2009

In the current economic climate many offshore funds are continuing to receive large numbers of redemption requests


Grants ad colligenda bona securing estate assets at risk pending administration
  • Harney Westwood & Riegels
  • British Virgin Islands
  • December 6 2011

When the assets of an estate are endangered by delay in its administration, the court has a general power to make a limited grant of administration in order to preserve assets of the deceased within the jurisdiction without waiting until those entitled to a grant have applied


Litigation update: free-standing relief under Black Swan orders
  • Harney Westwood & Riegels
  • 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
  • Harney Westwood & Riegels
  • 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


Free standing relief - Black Swan orders
  • Harney Westwood & Riegels
  • British Virgin Islands
  • February 23 2012

It has been almost 3 years since the substantial change to BVI law, brought about by the Black Swan case