Update
Victory Life: Developments and Innovation in BVI Liquidators' Interim Remuneration Applications
22 December 2017
In December 2016, the BVI Commercial Court confirmed its power to authorise liquidators' interim payments on account of fees and disbursements yet to be incurred.
Mourant Ozannes subsequently applied for, and the Court granted, authorisation of an interim payment on account of fees yet to be incurred, calculated on a fixed fee basis, to the end of the liquidation.
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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.
