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Recent Experience

Recent deals and cases by Harneys

BVI Plan of Arrangement

1 July 2011

Harneys acted as BVI counsel to a Brazil-based natural resources company with respect to the plan of arrangement involving 4 other corporate entities. Harneys' role involved advising on the continuation of the Company from Canada to the BVI and providing detailed advice to the parties to the Arrangement with respect to the procedure to effect the Arrangement.  Harneys drafted, reviewed and amended the arrangement documents.  We also instituted proceedings and made the application to the Commercial Court in the BVI and successfully obtained interim orders for relevant directions concerning the Arrangement as well as the final order approving the same.  Harneys subsequently liaised with the BVI Registry of Corporate Affairs to effect the Arrangement.

Lawyers involved were partner Jacqueline Daley-Aspinall of the Corporate and Commercial Department and senior associate Keisha Durham of the Litigation and Insolvency Department.