Corporate & Commercial

Articles and news about BVI corporate and commercial law and transactions.

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New Guidelines for Insolvency Cases Being Tested in The Eastern Caribbean Supreme Court

The Eastern Caribbean Supreme Court recently acted to increase coordination, cooperation, and communication among courts in cross-border proceedings of insolvency or debt adjustments, joining Singapore, Delaware, Bermuda, England and Wales, and the Southern District of New York in adopting the…
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Jamaica’s Consumer Protection Laws

This Q&A excerpt from Christopher Simpson on Jamaica’s consumer protection laws was first published in the Dialogue’s “Latin America Financial Services Advisor,” April 5, 2017. Q: Jamaica’s government is planning to create a new financial services consumer protection agency. Finance…
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BVI Hosts International Disputes at New, State of the Art Arbitration Centre

There is no dispute that the 2017 hard-opening of the new ‘state of the art’ British Virgin Islands International Arbitration Centre signals the BVI’s intent to become the leading arbitral and dispute resolution destination in the Caribbean. The Centre, an…
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UK Inheritance Tax Deadline Looms for “De-enveloping” your BVI Company

The UK Government’s recent consultation on tax reforms in respect of non-domiciled individuals, whether resident or not, has resulted in a shake-up of company law. The UK has announced that from April 6, 2017, residential property in the UK held…
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STEP Caribbean and Latin America Region Elects O’Neal Webster Partner Vanessa King as Deputy Chair

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TORTOLA – Jan. 26, 2017 – O’Neal Webster announces that Partner Vanessa King has been elected Deputy Chair of the Society of Trust and Estate Practitioners’ (STEP) Caribbean and Latin America Region. She joins Chair Ivan Hooper of Uruguay, Secretary…
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Investment Fund Managers “Brexit” to the BVI

In the post-recession economy, investment managers are looking for increased flexibility and ways to maximise investor returns by minimising set up costs, government fees, and other related functionary and advisory costs. That is why many are now “Brexiting” to the…
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Onshore vs Offshore – is there really a battle?

Over the past few months the issue of offshore jurisdictions and the role they play in the global economy has come under extreme scrutiny, especially from onshore governments seeking to increase tax revenues. The recent Panama Papers Leak has only…
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O’Neal Webster Earns Top Legal Adviser Status in Chambers Global for Corporate & Finance and Dispute Resolution

March 18, 2016 – TORTOLA – Once again, Chambers Global has recognized O’Neal Webster’s Corporate & Finance and Dispute Resolution practices in its 2016 edition. Also honored for their individual work were partners Vanessa King, Corporate & Finance and Trusts…
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