Update
BVI Court of Appeal confirms law on the construction of exclusive jurisdiction clauses
28 June 2017
In Dmitry Vladimirovich Garkusha v Ashit Yegiazaryan BVIHCMAP 2015/0010 the BVI Court of Appeal confirmed that, when constructing an exclusive jurisdiction clause, the BVI Courts have and will continue to follow the approach taken by the House of Lords in Premium Nafta Products Limited and Others v Fili Shipping Company Limited and Others [2007] UKHL 40 (the Fiona Trust case)
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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.