Client Advisories
Sign up here to receive updatesTime to Make a BVI Will? Consequences of the Death of the Sole Shareholder of a BVI Company
19 Jun 2020Dealing with shares in a company incorporated in the British Virgin Islands (“BVI”) following the death of the sole shareholder can be a complicated, costly and time consuming processes. To alleviate the difficulties that can arise, you or your client, may wish to consider making a BVI Will. We summarise below the process by which shares in a BVI Company can transfer following the death of the sole shareholder.
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Validation orders under section 99 of the Companies Law – explained by the Cayman Islands Court of Appeal
08 Jun 2020This article discusses a decision handed down by the Cayman Islands Court of Appeal earlier this year, clarifying the purpose and effect of section 99 of the Companies Law (the “Law”) and the principles to be applied in granting validation orders in an important decision.
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Petition vs Arbitration: Cayman Islands Court of Appeal Rules that the Subject Matter of a Winding Up Petition is not Arbitrable
03 Jun 2020In a significant judgment delivered on 23 April 2020, the Cayman Islands Court of Appeal allowed an appeal against a 2019 decision of the Grand Court to stay a ‘just and equitable’ winding up petition on the grounds that the subject-matter of the dispute must be referred to arbitration.
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