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Are you a person aggrieved? Critical features to be aware of in contesting decisions of liquidators and trustees in bankruptcy.

A recent judgment of the United Kingdom Supreme Court in Brake & Anor v The Chedington Court Estate Ltd [2023] UKSC 29 (10 August 2023) is likely to be a welcome decision for liquidators and trustees in bankruptcy in setting clear boundaries as to who has standing to challenge their decision-making in corporate or personal insolvency contexts.

Bermuda, British Virgin Islands, Cayman Islands, Hong Kong, Insolvency & Restructuring, Litigation, Carey Olsen
Plans and Schemes of Arrangement in the British Virgin Islands

The British Virgin Islands ("BVI") is a long-standing jurisdiction of choice for incorporating joint venture and private equity vehicles. In more recent years it has also become an established option for investment funds. This is due to its business-friendly and flexible main corporate statute, the BVI Business Companies Act (the "Act"), as well as the BVI’s modern regulatory and judicial regime.

Plans and Schemes of Arrangement in the British Virgin Islands

British Virgin Islands, Insolvency & Restructuring, Private Client & Offshore Services, Carey Olsen
BVI Dispute Resolution & Insolvency Client Update - October 2016

In the October 2016 edition of our dispute resolution and insolvency bulletin we will be focusing on six recent cases from the BVI Court of Appeal and BVI Commercial Court.

OVERVIEW

The cases, include:

British Virgin Islands, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Carey Olsen