Insolvency & Dispute Resolution : Advisory

27 July 2021

Appeals to the Privy Council: 21 days does not mean 21 days and 13 hours

On 12 July 2021, the Court of Appeal of the Eastern Caribbean Supreme Court (the "Court of Appeal") ...

13 July 2021

Cayman Update: Separate Liquidation Committees for Segregated Portfolios of SPCs

On 19 April 2021, Chief Justice Smellie QC held in In the Matter of Premier Assurance Group SPC Ltd....

01 July 2021

Cayman Grand Court Confirms Statutory Mechanism for Approval of Former Liquidators' Fees as Statutory Trustees

Grand Court confirms that Section 48 of the Trusts Act (2021 Revision) provides a statutory gateway ...

25 June 2021

Filling the Void on the Death of a Sole Shareholder/Director

It is not unusual for a BVI company to have a single shareholder and a single director. It is not un...

03 May 2021

Guidance from the Grand Court of the Cayman Islands: The Role of Liquidation Committees in the Sanction of Liquidators' Costs and Expenses

Following a recent hearing, the Grand Court of the Cayman Islands (the "Grand Court") has handed dow...

12 April 2021

Cayman Court Appoints Light-touch Provisional Liquidators over Midway Resources International

The Grand Court has handed down an instructive judgment appointing "light-touch" provisional liquida...

10 February 2021

Reciprocal Enforcement of Judgments in Guernsey

Volatile markets and economic downturns typically lead to increases in commercial litigation.  ...

20 January 2021

BVI Court Rejects "Improper Purpose" Argument in an Application to Set Aside a Statutory Demand

In the recent judgment of the ECSC in the matter of Sumner Group Mining Limited v Zica S.A (BVIHC (C...

18 January 2021

Private Funding of Legal Services Act 2020 – Expansion of Litigation Funding in the Cayman Islands

The Private Funding of Legal Services Act, 2020 (the "Act"), which was gazetted on 7 January 2021 bu...

31 December 2020

BVI Update: "Black Swan" Legislation Passed

On 31 December 2020, the BVI House of Assembly passed the so-called "Black Swan" Bill amending secti...