Guide
What you need to know about insolvency challenges under BVI law
29 November 2016
Where a BVI company has been put into insolvent liquidation, the primary objective of the liquidator will be to maximise the return to the company's unsecured creditors.
In this briefing, we examine the possible grounds on which a liquidator may try to achieve this objective by challenging a transaction entered into by the company or seeking a contribution to the company's assets from a director, shareholder or other person.
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About Mourant
Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
