DBA: The rise of law firm funders – insurance backed DBAs

Court of Appeal judgement ushers in a new era for DBAs in England & Wales.

Related briefings

Order for security funding cost prohibitive

By Matthew Amey An ICSID tribunal has overturned its own order that the claimant provides security for costs in order to allow a German administrator to proceed with their claim because the cost of funding that security previously ordered was considered as too expensive in the eyes of the tribunal. It was a majority decision […]

Latest Briefings

Privy Council emphasizes primary role of trial judge as decision-maker in shareholder disputes

In the context of an unfair prejudice claim, the Privy Council recently overturned the decision of the Eastern Caribbean Court of Appeal and restored the decision of Leon J. of the Commercial Court of the British Virgin Islands, in effect ordering a mandatory buy-out, at a price to be determined by the court, of minority shareholdings by the majority shareholder whose acts were found to be oppressive, unfairly discriminatory and unfairly prejudicial to the minority, pursuant to section 184I of the BVI Business Companies Act.

BVI Company Law Series – Continuations In

In this first of two notes relating to continuations (sometimes referred to as migrations or redomiciliations), we look at the requirements and processes for companies which want to continue from one jurisdiction to the BVI.

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