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The Supreme Court has now “clarified”, in reality re-formulated, the applicable test for determining whether a particular contractual provision should be struck down as being a penalty.
An appeal to claw back redemption payments has been opposed.
Significant development regarding jurisdiction for winding-up petitions.
The Supreme Court has now ‘clarified’ the applicable test for determining whether a particular contractual provision should be struck down as being a penalty.
The BVI Commercial Court, consistent with its reputation as a world-class centre of dispute resolution, has long shown itself to be arbitration-friendly.
Welcome guidance and confirmation of the principles to be applied in an appraisal action.
A high-level summary of major commercial cases decided in Bermuda, the BVI and the Cayman Islands.
A useful summary of the test that must be satisfied before permission to serve a claim out of the jurisdiction will be granted.
Clarification on a liquidator’s authority in relation to anti-suit injuctions and more.
The CoA says there nothing in the CWR which does not enable an order for security for costs against a non-resident limited liability company in proceedings.
A high-level summary of the major commercial cases decided in Bermuda, the British Virgin Islands and the Cayman Islands.
Shareholder relief: Eastern Caribbean Appeal Court considers the just and equitable grounds for winding up a BVI company
This briefing concerns Wang Zhongyong v Union Zone Management Ltd.
The Privy Council has given definitive guidance on the operation of the statutory scheme in the BVI for the rectification of share registers, particularly in the context of applications to serve parties out of the jurisdiction.
That decision in JSC VTB Bank v Alexander Katunin and Sergey Taruta sheds some light on the gateway to obtain permission for an alternative method of service out of the jurisdiction.
Barry Leon of Conyers Dill & Pearman will replace Justice Edward Bannister QC as British Virgin Islands’ Commercial Court judge.
The decision in Stichting Shell Pensioenfonds v Krys and another clarifies a liquidator’s authority in relation to antisuit injunctions.
RMF Market Neutral Strategies (Master) v DD Growth Premium 2X Fund represents a victory for common sense and for the Cayman Islands funds industry.
The Judicial Committee of the Privy Council (Lords Neuberger, Mance, Clarke, Collins and Sumption) has delivered an important judgment.
Conyers has been awarded eight top rankings in The Legal 500’s 2015 edition. The firm’s offices in Bermuda, the BVI, Dubai and Hong Kong all received a tier-one ranking.
Conyers Dill & Pearman’s BVI office has been given top rankings in three key industry awards this year from Chambers and Partners, Legal 500 and IFLR1000.