Russell Crumpler & Christopher Farmer (as Joint Liquidators of Three Arrows Capital Ltd (in Liquidation)) v Three Arrows Capital Ltd (in Liquidation) and BVIHC (Com) 2022/0119 (unreported 26 July 2023)
The BVI liquidation...more
4/9/2024
/ Appeals ,
Bankruptcy Code ,
British Virgin Islands ,
Business Litigation ,
BVI Business Companies ,
Chapter 11 ,
Commercial Bankruptcy ,
Common Law Privilege ,
Dismissals ,
Dispute Resolution ,
Insolvency ,
Motion for Sanctions
The gravity of any arbitration award lies in its successful enforcement. The enforcement process may be frustrated and produce little result if the winning party does not identify at the outset the assets against which the...more
12/8/2023
/ Arbitration Awards ,
Asset Recovery ,
Asset Tracing ,
Breach of Duty ,
British Virgin Islands ,
BVI Business Companies ,
Corporate Governance ,
Dispute Resolution ,
Enforcement ,
Fiduciary Duty ,
International Arbitration
The UK Supreme Court in a recent decision has clarified the approach to be taken in determining when a matter ought to be referred to arbitration under an arbitration clause, and when such a matter falls outside of an...more
In the crypto world, does it really matter where you are? Is there a sunny offshore paradise perspective on the click of a button and a fintech trade? The answer lies as usual in how to unravel a problem should it arise. Both...more
11/9/2023
/ Arbitration ,
Asset Recovery ,
Asset Tracing ,
B2B Organizations ,
B2B Transactions ,
B2C ,
British Virgin Islands ,
Business Litigation ,
BVI Business Companies ,
Commercial Contracts ,
Contract Terms ,
Crypto Exchanges ,
Cryptocurrency ,
Digital Assets ,
Dispute Resolution ,
EU ,
Fiduciary Duty ,
Financial Services Industry ,
FinTech ,
Hong Kong ,
Investment ,
Investors ,
Jurisdiction ,
Middle East ,
Singapore ,
UK ,
United Arab Emirates (UAE) ,
United States
“…the law on illegality is not entirely clear in this jurisdiction.”
This was the position expressed by BVI Commercial Court Judge, Justice Adrian Jack in his judgments of 17 June 2021 and 15 February 2022 in Briefline...more
We would like to update you on two significant developments in cross-border arbitration law.
UK Privy Council -
In the recent judgment in Gol Linhas Aereas SA (formerly VRG Linhas Aereas SA) (Respondent) v...more
It is well established, under common law principles applicable in the Cayman Islands and the British Virgin Islands that claims for payment of foreign tax liabilities, or claims for the enforcement of foreign judgments for...more
8/27/2021
/ Bermuda ,
British Virgin Islands ,
Cayman Islands ,
Common Law Claims ,
Corporate Taxes ,
Enforcement ,
English Common Law ,
Foreign Tax ,
International Jurisdiction ,
International Tax Issues ,
Liquidation ,
Revenue Rulings ,
Tax Liability
Although receiving little fanfare since its issuance, a recent trial court order in Florida state court has sent a warning shot to American defendants embroiled in litigation abroad.
In Gorsoan Ltd. v. Bullock, the...more