BVI companies that were struck off prior to 1 January 2023 were automatically dissolved and ceased to exist after 30 June 2023. Any assets held by such companies have now automatically been vested in the Crown. In order to...more
10/23/2023
/ British Virgin Islands ,
Business Companies Act ,
Business Litigation ,
BVI Business Companies ,
Corporate Dissolution ,
Corporate Governance ,
Corporate Restructuring ,
Dispute Resolution ,
Insolvency ,
Regulatory Reform ,
Restoration Terms
Inflationary pressures and increasing interest rates are expected to continue to have a negative impact on the global economy during 2023. In this article we consider restructuring options under BVI law available to companies...more
2/20/2023
/ Board of Directors ,
British Virgin Islands ,
BVI Business Companies ,
Corporate Governance ,
Corporate Restructuring ,
Creditors ,
Debtors ,
Enforcement ,
Fiduciary Duty ,
Financial Distress ,
Insolvency