Latest Briefings

Is a reduction in the remuneration of directors of companies in crisis mandatory?

This paper defends the obligation to reduce the remuneration of directors performing executive functions in the context of reorganisations aimed at ensuring corporate viability in a context of crisis. This obligation would derive from the principle of adequate remuneration and from the duties of care and loyalty of directors.

Currency of the future: A BVI perspective on litigating cryptocurrency

Philip Smith and Jason Kardachi (in their capacity as joint liquidators of Torque Group Holdings Limited) v Torque Group Holdings Limited (in liquidation) BVIHC (COM) 0031 OF 2021, highlights the first judgment in this jurisdiction concerning the legal status of cryptoassets in the British Virgin Islands.

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