A successful party to a buy-out order made in the course of unfair prejudice proceedings can find themselves in a difficult position, at the hands of an uncooperative respondent. Commonly, the Court will try liability and...more
5/14/2024
/ Appeals ,
British Virgin Islands ,
Buy-Out Agreements ,
Commercial Litigation ,
Controlling Stockholders ,
Corporate Governance ,
Dismissals ,
Dispute Resolution ,
Non-Disclosure Agreement ,
Shareholders ,
Unfair Prejudice
On 23 November 2021, the BVI Commercial Court handed down judgment in Soemarli Lie v (1) Ng Min Hong and (2) Success Overseas Finance Limited (the “Company”) following a four-week trial which took place in October 2020....more
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...more