BVI Insolvency
We have particular expertise in relation to the British Virgin Islands. The BVI is pre-eminent as an incorporations jurisdiction with well in excess of 700,000 incorporations to date; the rate of new incorporations continues to accelerate year on year. Modern companies and insolvency legislation provide both flexibility and greater certainty of outcome for investors and practitioners involved in the liquidation of BVI companies.
Our BVI experience encompasses both non-contentious and contentious insolvency work and includes:
- Voluntary liquidations
- Statutory restoration of dissolved companies
- Replacement of liquidators
- Appointment of liquidators on creditors’ applications
- Appointment of liquidators on just and equitable grounds
- Joint appointments with foreign (i.e. non-BVI) liquidators
- Appointments of provisional liquidators and joint provisional liquidators
- Judicial assistance in the recognition of foreign (i.e. non-BVI) liquidators
- Judicial assistance in the recognition BVI liquidators in other jurisdictions
- Fraud related insolvency proceedings
Related areas:
- Cross-Border Insolvency
- Contentious Insolvency
- Formal Insolvency
- Business Restructuring
- Civil Fraud
- Offshore and International Disputes
