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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Cornerstone expels barrister after Twitter race row

Cornerstone Barristers have voted to expel a member from chambers after claiming his statements on Twitter were “irreconcilable” with the set. Cornerstone’s decision to dismiss Jon Holbrook, who was called to the Bar in 1991, was confirmed on Sunday morning and was the result of a chambers meeting where members voted to expel following an […]

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Eight Shearman partners exit to launch arbitration boutique

The founding partner and global head of Shearman & Sterling’s international arbitration group Emmanuel Gaillard is leaving the US firm with seven other partners to launch a boutique in Paris. The group of eight partners have left to set up their own firm, branded Gaillard Banifatemi Shelbaya Disputes, to focus exclusively on international arbitration. Flexibility […]

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Addleshaws launches in Paris with 22-lawyer swoop

Addleshaw Goddard has opened its doors in Paris, landing teams from Bryan Cave Leighton Paisner (BCLP) and K&L Gates for the launch. For its latest European push since opening in Germany in 2019, Addleshaws has secured 22 lawyers in Paris, including seven partners, covering corporate, real estate and litigation. An 18-lawyer team joins from BCLP, […]

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