British Virgin Islands
This country-specific Q&A provides an overview to restructuring & insolvency laws and regulations that may occur in the British Virgin Islands.
A company incorporated in the British Virgin Islands (the "BVI") can be placed into insolvent liquidation either by: a shareholders' qualifying resolution; or a court order, following an application to the court...
What are the repercussions, if any, of a respondent's failure to challenge a statutory demand in respect to its ability to oppose a subsequent winding up petition?
As companies across many sectors look to restructure company and group debt in the face of demand and supply shocks that have rocked the global economy, advisors will need to carefully...
May 2020 marks the twenty second anniversary of the Cayman Islands segregated portfolio company ("SPC"). This article takes a look back at the SPC's first two decades and particularly...
Ogier's Cayman Islands Restructuring and Corporate Recovery team routinely acts on cross-border liquidations, receiverships and restructurings involving overseas insolvency practitioners and clients...
On 02/08/2019, the Parliament has passed the Transfer and Mortgage of Property (Amending) (No. 4) Law of 2019 (the "Amending Law of 2019")
Hassans' Partner Nigel Feetham QC takes a look at the risk of insolvency for businesses in the current coronavirus crisis and the new measures governments...
Whether as a result of the influence of social media and in particular the speed at which information (as well as misinformation) travels, most governments' communication efforts...
Alex Horsbrugh-Porter, counsel in Ogier's Dispute Resolution team in Guernsey, has been appointed to the Insolvency Rules Committee in Guernsey.
Carey Olsen restructuring and insolvency partner David Jones has been appointed as a member of Guernsey's first ever Insolvency Rules Committee (IRC).
With reference to practical examples from England & Wales, this briefing note by Raj Arumugam of 5 Stone Buildings and Adam Cole of Walkers' Guernsey office seeks to highlight three areas of change.
As many readers will know, Guernsey has recently approved a significant set of reforms to our insolvency legislation, to bring it in line with comparable jurisdictions such as England.
Insolvency professionals have watched with great interest as the Corporate Insolvency and Governance Bill (the Bill) was recently published by UK Parliament.
Private wealth structures are not immune from insolvency. Here we examine the Jersey and Guernsey position from the trustee's perspective and consider the issues with which a trustee
Jersey is a popular international finance centre because it is well regulated, creditor friendly and has modern and flexible legislation. It is home to a large number of asset holding vehicles...
Luxembourg is one of the leading domiciles worldwide for international investment portfolio acquisition vehicles.
United Arab Emirates
We all have been witnessing major steps taken by the government of UAE in order to prevent negative impact of coronavirus on our economy. COVID-19 has just made wide-scale interruption to various ventures both locally and internationally.
BSA Ahmad Bin Hezeem & Associates LLP
The United Arab Emirates (UAE) Insurance Authority recently published the Insurance Authority Board of Directors' Resolution No. 18 of 2020 on Electronic Insurance Regulations dated 27 April 2020...
In the current economic climate, there is a pressing need for cross-jurisdictional co-operation when it comes to the Courts'