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Results: 1-10 of 45

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


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


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


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


Impact of side letters on core provisions of Cayman Islands funds
  • Harney Westwood & Riegels
  • Cayman Islands
  • October 13 2015

In Re Lancelot Investors Fund, KBC Investments Ltd v Varga (Unreported, Civil Appeal 272013, April 27 2015) the Cayman Islands Court of Appeal has


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


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


Voluntary liquidation: an almost irreversible procedure
  • Harney Westwood & Riegels
  • British Virgin Islands
  • November 26 2015

Can a company that has been voluntarily wound up be restored to good standing on application by a former shareholder, liquidator or director who has


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