The British Virgin Islands has, as of 18 September 2024, extended the list of ‘Relevant Foreign Countries’ for the purposes of Part XIX of the BVI Insolvency Act, which governs Orders in Aid of Foreign Proceedings. These...more
10/18/2024
/ British Virgin Islands ,
BVI Business Companies ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Cross-Border ,
Debtors ,
Foreign Governments ,
Insolvency ,
International Organizations ,
Jurisdiction ,
Reorganizations ,
UK Insolvency Act ,
UNCITRAL
In its judgment dated 28 July 2021, the BVI Commercial Court, determined both that as matter of jurisdiction, and in the exercise of his discretion he should permit creditors who successfully opposed the making of a...more