In a recent judgment, which was heavily critical of the claimant bank, the BVI Commercial Court has set aside an order obtained ex parte permitting service on non-BVI resident defendants of a fraud claim out of the...more
3/8/2024
/ British Virgin Islands ,
BVI Business Companies ,
Commercial Court ,
Commercial Litigation ,
Court-Appointed Receivers ,
Ex Parte ,
Fraud ,
Insolvency ,
Judicial Proceedings ,
Jurisdiction ,
Receivership
On 29 November 2023, the UK Supreme Court (the “UKSC”) handed down its decision in Wolverhampton City Council and others (Respondents) v London Gypsies and Travellers and others (Appellants). In that case the UKSC thoroughly...more
3/1/2024
/ Asset Tracing ,
British Virgin Islands ,
BVI Business Companies ,
Corporate Governance ,
Cryptocurrency ,
Dispute Resolution ,
Financial Crimes ,
Fraud ,
Injunctions ,
UK ,
UK Supreme Court
On 5 October 2022 the UK Supreme Court (UKSC) handed down its “momentous” decision in BTI 2014 LLC v Sequana SA and others1. The case addresses issues of ‘‘considerable practical importance to the management of companies’’,...more