On Wednesday 27 September 2023, Mishcon de Reya hosted the first in a new series of Disputes Essentials breakfast seminars, which aim to provide the latest updates and practical insights on essential dispute-related topics.
United Kingdom, Arbitration & ADR, Company & Commercial, Construction, Insolvency & Restructuring, Litigation, Mishcon de Reya LLP, Insolvency, Corporate Insolvency and Governance Act 2020
This briefing first appeared in the June 2020 edition of South Square Digest.
Executive Summary
In February 2020 the British Virgin Islands Commercial Court (the "BVI Court") sanctioned a creditor scheme of arrangement, which was part of a much larger cross boarder restructuring. This scheme of arrangement, which as a creditor scheme was itself rare for the BVI, was preceded by the BVI's first ever "soft touch" provisional liquidation (in linked proceedings), which commenced in December 2018.
British Virgin Islands, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Coronavirus