Cayman Islands, Arbitration & ADR, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Ogier, Winding-up
In the latest judgment regarding the DPH liquidation,(1) the BVI Court of Appeal upheld the appointment of BVI provisional liquidators in respect of a Swiss company and clarified that evidence of dissipation of assets (in the Mareva sense) may not be a pre-condition to the appointment of provisional liquidators.