News & Analysis as of September 13, 2024

Winding Up Petitions

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Winding Up Proceedings Prevail: Privy Council Confirms No Stay of Liquidation in Favour of Arbitration

Conyers on 7/8/2024

The Privy Council has recently upheld a BVI judgment refusing stay of a winding up petition in favour of arbitration. The recent Sian Participation Corp (In Liquidation) v Halimeda International Ltd1 Privy Council decision...more

The Effect of Subordination Agreements in the Event of Insolvency

Conyers on 5/13/2024

Is it possible for a debtor company to issue debt (such as bonds) and contractually agree for that debt to rank lower in priority than debts owed by a company to other unsecured creditors? This article examines the commercial...more

Successfully Secures Dismissal of Application to Set Aside a Statutory Demand in the British Virgin Islands

Conyers on 4/1/2024

On 8 February 2024, the Honourable Mr Justice Paul Webster KC dismissed an application to set aside a statutory demand served on Angola Group Holdings Limited (the “Company”) by Bai Jun Tian Cheng Limited (“Bai Jun”). Conyers...more

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Dispute Resolution › British Virgin Islands › Winding Up Petitions

Winding Up Proceedings Prevail: Privy Council Confirms No Stay of Liquidation in Favour of Arbitration

The Effect of Subordination Agreements in the Event of Insolvency

Successfully Secures Dismissal of Application to Set Aside a Statutory Demand in the British Virgin Islands

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