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Mourant | British Virgin Islands | 11 May 2022

Cross-Claims and Applications for the Appointment of Liquidators

In two relatively recent but unrelated decisions, the Eastern Caribbean Court of Appeal has provided helpful guidance in relation to how the Court…
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Ogier | British Virgin Islands | 10 May 2022

BVI Court freezes crypto wallets

In February this year, Chainswap Limited (Chainswap) a BVI incorporated company that provides for "cross-chain bridging" (the process of…
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Mourant | British Virgin Islands, Cayman Islands | 10 May 2022

Cryptocurrency: Speculative Risks

Given the economic uncertainty experienced over recent years, Bitcoin itself having been created in reaction to the 2008 financial crisis and the…
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Ogier | British Virgin Islands | 28 Apr 2022

Black Swan flies and The Siskina lists: Privy Council upholds BVI freestanding freezing injunctions

On 4 October 2021 the Privy Council handed down its much anticipated judgment in Broad Idea. By a 4:3 majority, the Board: upheld (albeit obiter) the…
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Carey Olsen | British Virgin Islands | 28 Apr 2022

Virtual assets regulation in BVI: Challenges and opportunities

Regulators globally are wrestling with tough questions as to how virtual assets should be regulated. The last year has seen significant volatility in…
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Ogier | British Virgin Islands, Guernsey, Jersey, etc. | 28 Apr 2022

Superior force or developer's remorse? Justifiable delay in Channel Island construction contracts

With seemingly ever-increasing costs of goods and materials, contractors and developers alike continue to feel the squeeze. Pressure on costs can…
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HFW | Brazil, British Virgin Islands, Global, etc. | 27 Apr 2022

Commodities Bulletin, April 2022

As HFW’s new Global Senior Partner, I am delighted to be the guest editor for this edition. HFW has a truly global reach, which we have set out to…
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McDermott Will & Emery | British Virgin Islands | 12 Apr 2022

HHS Announces Provider Relief Fund Late Reporting Pathway

Beginning on April 11, 2022, providers that failed to satisfy Provider Relief Fund (PRF) Period 1 or Period 2 reporting deadlines may apply to submit…
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Mourant | British Virgin Islands | 5 Apr 2022

Mergers between BVI companies and foreign companies

The BVI Business Companies Act 2004 (as amended) (the Act) allows BVI companies to merge with one another and BVI companies to merge with foreign…
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Mourant | British Virgin Islands, Cayman Islands | 1 Apr 2022

Caribbean Regulatory Update - Q2 2022

On 8 March 2022, the BVI Financial Services Commission (FSC) Issued an Industry Circular regarding the sanctions imposed by The UK in response to…
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