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British Virgin Islands Insolvency Enforcement

Walkers

IKON Shina Ltd v Smyshliaeva: Where the rubber meets the road on the enforcement of foreign insolvency judgments in the BVI

Walkers on

The British Virgin Island (BVI) Court will enforce via BVI Court judgments amounts due under judgments arising out of foreign insolvency processes, provided those judgments satisfy the common law tests of finality,...more

Walkers

Enforcing debts in the Cayman Islands and BVI which are subject to an arbitration clause

Walkers on

Where a debt is due under an agreement (and assuming there is no binding non-petition clause in effect), it is possible to take steps to wind up the company without first proceeding to arbitration, in accordance with the...more

Conyers

Under Pressure: Key considerations and practical tips for BVI companies approaching insolvency

Conyers on

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

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