06/10/2021
The new Act provides a comprehensive list of more than 60 jurisdictions that the British Virgin Islands will recognise for the purposes of resealing, including all Commonwealth countries, Hong Kong and the US.
06/10/2021
A company may be compulsorily wound up for a number of reasons, the most common being where the company is unable to pay its debts (as described at paragraph 4 below).
06/10/2021
The dispute revolved around whether the farm falling out of the residuary estate represented his testamentary intentions.
06/09/2021
Walkers' IDR team is the largest in the Cayman Islands
06/09/2021
The transaction gives Starwood controlled affiliates 100% ownership of RDI REIT after a c.30% stake was acquired in the property investment business from South African investor Redefine in July last year.
06/09/2021
As mentioned above, a Non-Compliance Notice is issued when the ITA has determined that an entity has not complied with its economic substance obligations during a given financial period.
06/08/2021
Best Lawyers has been publishing highly regarded guides to the legal profession for more than 30 years
06/04/2021
In order to establish whether a good prima facie case has been made out for a winding up order under the first limb of the section 104(2) test, it is not necessary to demonstrate that a winding up order will be granted.
06/04/2021
Asian businesses, investors and high net worth individuals have used BVI courts and BVI legal professionals most often for many years.
06/03/2021
Although the SPAC IPO boom witnessed throughout 2020 and Q1 2021 continues to taper off somewhat
06/03/2021
As an independent director with Calderwood, Goubault will undertake board appointments on Cayman Islands funds and related structures
06/02/2021
Guernsey's core regulatory framework is set out within five Laws covering the key areas of financial regulation - investment business, deposit-taking, insurance business, insurance intermediary business and fiduciary business.
06/01/2021
The BMA is the government agency responsible for The Bahamas’ ship registry, including yachts.
06/01/2021
Some highly respected names in the investment world – including Orbis, Fidelity International and Nephila Capital – have headquarters or offices in Bermuda, with investment professionals on the ground.
05/31/2021
Walkers Cayman and Bermuda offices advised McDermott International group on all Cayman and Bermudan law aspects of its 2020 restructuring
05/27/2021
Trustees may find administering a trust for the benefit of creditors to be an unusual and uncomfortable experience.
05/27/2021
On hearing from the Parties, The Honourable Justice Jack made an order winding up Novel Blaze and appointed Roy Bailey of EY (amongst others) as joint liquidators of the Novel Blaze.
05/06/2021
There are also ongoing proceedings in Russia where, it seems, Mr Sazanov needed to show that he was the shareholder of the Company by 2 March if he was to avoid an outcome that would be “extremely adverse” to him.
04/29/2021
The obligations of the Issuer and the Guarantors under the Notes were primarily secured through a pledge of the shares of the Issuer and the shares of the Guarantors pursuant to share pledge agreements governed by local laws.
04/28/2021
After the defendant had filed its defence and following the exchange of witness statements, the claimants sought permission to file and serve a reply outside the 14-day period permitted under the civil procedure rules.