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Results: 1-10 of 40

Enforcing orders made in foreign insolvency proceedings
  • Harney Westwood & Riegels
  • British Virgin Islands, Cayman Islands, United Kingdom
  • 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


Obtaining information about a BVI company by court order
  • Harney Westwood & Riegels
  • British Virgin Islands
  • October 24 2012

The BVI Company Registry is the only major source of publicly available information and records, other than by recourse to litigation


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


Shell sheds light on Westford
  • Harney Westwood & Riegels
  • British Virgin Islands
  • 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


Redemptions in kind the end of the road for in specie distributions?
  • Harney Westwood & Riegels
  • Cayman Islands
  • August 3 2012

In the recent case of Re FIA Leveraged Fund the Grand Court considered whether an in specie distribution properly discharged the Fund’s liability to redeeming investors


Eastern Caribbean Court dismisses Fairfield's BVI appeals
  • Harney Westwood & Riegels
  • British Virgin Islands
  • June 14 2012

In an important and detailed ruling emanating from the colossal Bernard Madoff fraud, the Eastern Caribbean Court of Appeal has dismissed Fairfield Sentry Limited's appeals and upheld two previous judgments of the BVI Commercial Court


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


BVI Commercial Court case notes - June 2011
  • Harney Westwood & Riegels
  • British Virgin Islands
  • June 23 2011

One of the largest cases in the BVI Commercial Court this year is the litigation brought by the liquidators of Fairfield


Duties of independent non-executive directors of an investment fund: the Weavering judgment
  • Harney Westwood & Riegels
  • Cayman Islands
  • September 12 2011

The judgment of the Grand Court of the Cayman Islands in Weavering Macro Fixed Income Fund Limited (in Liquidation) v Stefan Peterson and Hans Ekstrom has been seized upon by the financial services industry in the Islands as invaluable guidance, albeit in fact specific circumstances, as to the standard of performance expected of the board of directors of a Cayman Islands domiciled fund


Eastern Caribbean Court of Appeal considers enforcement issues
  • Harney Westwood & Riegels
  • British Virgin Islands
  • September 15 2011

The Eastern Caribbean Court of Appeal recently handed down the latest decision in the long-running Alfa Telecom Turkey Limited v Cukurova Finance International Limited case