Appointment of 'Soft Touch' Provisional Liquidators in the BVI
05 March 2019
In a landmark decision the BVI Commercial Court granted an application for the appointment of 'soft touch' joint provisional liquidators in support of a major cross-border restructuring. This is the first time the BVI courts have granted an application of this nature and is an important development for BVI insolvency.
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.