We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 51

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


Eastern Caribbean Court of Appeal considers enforcement issues in Alfa v Cukurova
  • Harney Westwood & Riegels
  • British Virgin Islands
  • August 30 2011

On 20 July 2011 the Eastern Caribbean Court of Appeal (“ECCA”) handed down the latest decision in the long running case of Alfa Telecom Turkey Limited v Cukurova Finance International Limited and Cukurova Holdings AS


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


Exercise of discretion to wind up company not "head-counting exercise"
  • Harney Westwood & Riegels
  • British Virgin Islands
  • March 24 2016

Although the wishes of the majority of creditors (whether in number or by value) is an important factor in many decisions made in insolvency


Privy Council clarifies power to rectify share registers of BVI companies
  • Harney Westwood & Riegels
  • British Virgin Islands
  • May 21 2015

On January 21 2015 the Privy Council handed down its decision in Nilon Limited v Royal Westminster Investments SA (2015 UKPC 2), clarifying the


Shareholder disputes: when is just and equitable liquidation appropriate?
  • Harney Westwood & Riegels
  • British Virgin Islands
  • September 1 2015

Unfair prejudice claims have been commonplace in the British Virgin Islands since the introduction of bespoke provisions in the BVI Business


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


Asset tracing in the British Virgin Islands
  • Harney Westwood & Riegels
  • British Virgin Islands
  • July 9 2015

A company incorporated in the British Virgin Islands is required to maintain certain records at the office of its registered agent (eg, its


China Shanshui: change of direction for company winding-up petitions
  • Harney Westwood & Riegels
  • Cayman Islands
  • January 7 2016

In a widely discussed Cayman Grand Court decision, Justice Mangatal parted company with one of her fellow judges by declining to follow Justice


Liquidators’ fees and the setting aside of a winding up order: who pays?
  • Harney Westwood & Riegels
  • British Virgin Islands
  • March 22 2011

The recent decision in Pacific China Holdings Limited v Grand Pacific Holdings Limited, BVIHCV 2009389 sets out the view of the BVI Commercial Court as to who, if anyone, should be responsible for the remuneration of liquidators where a liquidation order is set aside on appeal