The British Virgin Islands (“BVI”) is a very user-friendly jurisdiction for enforcing foreign judgments and arbitral awards. The Arbitration Act 2013 (as revised) (“Arbitration Act”) governs the enforcement of arbitration awards in the BVI. The Arbitration Act does not distinguish between domestic and foreign awards but does in…

Litigation can be costly. The potential cost of commencing a claim can often deter a prospective claimant from pursuing a meritorious claim. Third-party litigation funding can solve this dilemma for a prospective claimant by managing the risk and covering the legal costs. The prospective claimant would then be…

In the prevailing economic conditions investors in offshore companies registered in the Cayman Islands or the British Virgin Islands (“BVI”) are increasingly being forced to consider their rights against directors who may have been responsible for mismanagement of the company’s affairs. Minority shareholders, in particular, are keen to…

Default judgments and summary judgments are judgments made by a court without the need for a claim to go to full trial. Judgment can therefore be obtained more swiftly and cost-effectively compared to if the claim proceeded through to trial. It should be noted that a key difference…

The recent Privy Council ruling in Tianrui (International) Holding Company Ltd v China Shanshui Cement Group Ltd [2024] UKPC 36 has significant implications for Cayman Islands company law, insofar as the judgment clarifies critical principles governing derivative actions and the rights of shareholders (including minority shareholders) to bring…

开曼群岛金融服务与商务部发布了征求意见文件，内容涉及对开曼群岛基金相关法律进行修订，以引入代币化基金，同时还发布了对《共同基金法》、《私募基金法》和《虚拟资产服务提供商法》（以下简称“VASP法”）等相关法律的修订草案（统称“相关法律”），旨在提供进一步的监管确定性。

枢密院就天瑞（国际）控股有限公司诉中国山水水泥集团有限公司[2024] UKPC 36一案作出的裁决对开曼群岛公司法具有重要意义，因为该判决澄清了管辖衍生诉讼以及股东（包括少数股东）提起衍生诉讼的权利的关键原则（与他们有资格提起索赔的情况相比）。在本法律见解中，我们概述了该案及其意义

本文概述了在开曼群岛及英属维尔京群岛这两个司法管辖区中董事的义务以及股东可拥有的救济措施。