On 11 July 2025, the Singapore International Commercial Court (SICC) in Re Terraform Labs Pte Ltd [2025] SGHC (I) 4 ordered a group of creditors to pay costs to the insolvent estate of blockchain company Terraform Labs. The...more
8/7/2025
/ Bankruptcy Code ,
British Virgin Islands ,
Chapter 11 ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Creditors ,
Cross-Border Insolvency Regulations (CBIR) ,
Cross-Border Transactions ,
Debtors ,
Dispute Resolution ,
Insolvency ,
Reorganizations ,
Singapore
Restoration applications are nothing new in the BVI. With hundreds of thousands of active companies and many more struck off due to administrative oversight, BVI legal practitioners frequently find themselves advising clients...more
7/17/2025
/ Asset Tracing ,
British Virgin Islands ,
BVI Business Companies ,
Companies Act ,
Corporate Governance ,
Corporate Restructuring ,
Creditors ,
Dispute Resolution ,
Dissolution ,
Fraud ,
Insolvency ,
Liquidation ,
Registered Agents
Voidable dispositions in the BVI are governed by section 81 of the Conveyancing and Law of Property Ordinance. The Act was passed in 1961 and is often overlooked in the heady world of fast-paced litigation where fraudsters...more