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Westburg Anstalt v Profitstar Anstalt: service out of the jurisdiction — the BVI is back in business
As a leading international offshore centre, the majority of the high-value commercial litigation that reaches the BVI Commercial Court is cross-border in nature.
On the 17 December 2013 the BVI legislature passed the Arbitration Act 2013 (the ‘Act’), which came into force on 23 January 2014.
The Cayman Islands Monetary Authority has formally issued its long-awaited statement of guidance on corporate governance for regulated mutual funds.
In a report released last month, the FSB provided an update on its initiative to encourage global adherence to international standards.
The BVI’s approved manager regime for investment managers and advisers has had a successful first year, becoming popular for its straightforward application process.
This digest attempts to give the reader a high level summary of the major commercial cases decided in Bermuda, the BVI and Cayman in the third quarter of 2013.
The British Virgin Islands (BVI) is home to more than 480,000 active business companies. This article considers the benefits of using a BVI company for an IPO.
The Cayman Islands Monetary Authority has produced the Statement of Guidance on Corporate Governance for Mutual Funds.
The UK government announced late last year that it would seek to make arrangements for the automatic exchange of information with its overseas territories.
The Cayman Islands and US governments have entered into an agreement paving the way for the automatic exchange of tax information under FATCA.
Mark Forte and Tameka Davis of Conyers’ British Virgin Islands office discuss the duties of professional directors in BVI companies in the fourth-quarter issue of INSOL World.
The Court of Appeal for Bermuda has delivered an important judgment about the jurisdiction of the Bermuda court to assist foreign liquidators by ordering the production of documents by persons in Bermuda.
The Cayman Islands government has announced that it has now signed a FATCA-type intergovernmental agreement with the UK.
Bermuda’s Investment Funds Act 2006 has been amended in a move to enhance Bermuda’s offering of investment fund products.
This memorandum outlines the steps necessary under the Companies Act 1981 of Bermuda for a Bermuda-exempted company to discontinue from Bermuda to a foreign jurisdiction.
This memorandum outlines the steps necessary under the Companies Act 1981 of Bermuda for a company incorporated outside of Bermuda to continue into Bermuda as a Bermuda-exempted company.
This memorandum has been prepared for the assistance of those who are considering the merger or amalgamation of a foreign corporation with a Bermuda exempted company.
Conyers Dill & Pearman acted as BVI counsel to Fountain Vest Partners (Asia) Limited on the $64m (£40.5) acquisition of LJ International Inc by way of merger.
The UK Privy Council, the highest court for the BVI, has agreed to hear a further appeal that will provide final determination concerning the validity of the Sentry redemptions.
As part of the Hiring Incentives to Restore Employment Act, the US government enacted the Foreign Account Tax Compliance Act (FATCA) in 2010.