Colin Riegels

Colin Riegels

Harney Westwood & Riegels

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BVI court ruling highlights potential risk in some standard form M&As

On 19 March 2014 the Commercial Court handed down its ruling in C v W Inc (BVIHC (Com) 2013/149). In that case a shareholder holding more than 30 per cent of the company’s shares tried to exercise its power to requisition a...more

3/28/2014 - Business Companies Act BVI Business Companies Shareholder Litigation Shareholders

BVI Court gives guidance on s175 procedure

British Virgin Islands companies are generally free to dispose of their assets on such terms as the directors think fit, but where the assets being disposed of constitute 50% or more of the company’s total assets, then...more

1/18/2013 - Board of Directors Business Companies Act Section 175 Shareholder Resolution Shareholders

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