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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.
Bermuda has historically been and remains an attractive jurisdiction for lenders involved in the financing of the acquisition of both private and commercial aircraft.
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.
When discussing the difficulties faced by certain offshore financial centres the issue circles back to the role of corporate lawyers and their inability to progress change.
The British Virgin Islands is becoming a popular jurisdiction for aviation finance transactions in both the commercial and business jet sectors.
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.
The long-awaited portfolio insurance company legislation is now in force.
The decision in Stichting Shell Pensioenfonds v Krys and another clarifies a liquidator’s authority in relation to antisuit injunctions.
Difficult questions often arise in connection with BVI companies, with regard to directors.