Many corporations operating in the United States are incorporated under the laws of the British Virgin Islands (BVI). Doing business in the US exposes such companies to US-style litigation, including shareholder derivative actions whereby a shareholder aseeks to assert claims that belong to the corporation - frequently against that corporation's officers and directors.
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RegisterUnited States courts honour the British Virgin Island's limits on shareholder derivative actions
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British Virgin Islands, USA
October 18 2013
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