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Articles

Legal analysis by Harneys lawyers
by Vicky Lord

Tax and Regulatory - At what costs? Court of Appeal ruling raises questions about BVI Legal Profession Act

In Garkusha v Yegiazaryan and Ors (BVIHCMAP 2015/0010), the full Court of Appeal held that the fees of foreign lawyers not licensed under the Legal Profession Act 2015 (the Act) are not recoverable in a costs assessment. However, in seeking to settle...

Distressed Funds - Fairfield Sentry - New Guidance from the BVI Court

After the decision of the Privy Council in April 2014, the long running Fairfield Sentry case continued today with the new judgment of Leon J. concerning the status of the related US Bankruptcy Court proceedings. Background Fairfield Sentry and...

BVI - Seeking fair value: BVI Court provides guidance for appraisers valuing shares

This week the BVI Court issued important guidance to accountancy professionals, BVI companies and their shareholders as to how shares should be valued following a squeeze-out, merger or dissent from other restructuring provisions. The BVI Business...


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