Grant Thornton obtains first Brazilian recognition of a BVI insolvency proceeding under UNCITRAL Model Law on Cross-Border Insolvency.
We often find in our role as liquidators of BVI companies that BVI companies hold or held accounts with banks in Switzerland.
Privy Council Confirms liquidators of Ponzi Scheme cannot re-adjust losses after liquidation: Divergence from US Approach
In our last update we commented on the tests applied by the BVI Courts when considering both the standing to challenge the decisions of BVI Liquidators and whether those decisions should be overturned.