British Virgin Island (“BVI”) and Cayman Islands companies have been a popular choice of investment vehicle for Hong Kong and Chinese companies and individuals. This article explores the key tools available to members of BVI and Cayman companies in order to protect their investments, which Hong Kong lawyers and their clients should be aware of.

Offshore companies are typically used as holding companies for Hong Kong and PRC companies, which ultimately own immovable assets. These investment structures often involve both multi-national investors and lenders, reflecting the increasing trend of cross-border mergers, acquisitions, partnerships and joint ventures.

During the pre-global financial crisis, such arrangements were often concluded quicker than parties may have liked in order to take full advantage of a particular opportunity or at a time when joint venture parties enjoyed a healthy working relationship. We are now, unfortunately, seeing the end of the honeymoon period in respect of many investments and are witnessing a break down in the relationship between joint venture partners, in some case by reason of fraud committed by one of the parties.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Harney Westwood & Riegels | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×