News

The excerpt below has been taken from WSG’s latest newsletter (4th Quarter Issue 2012) ‘WSG legal member Dykema (Michigan) was able to quickly service a longstanding corporate client through O’Neal Webster, British Virgin Islands member. As expected, O’Neal Webster met the WSG membership standards…

Fund investors and the fund industry globally should take note of the recent decision of the Eastern Caribbean Supreme Court Appellate Division’s (the “Court of Appeal”) in Madoff related litigation.  Essentially the Court of Appeal found that monies could not…

We are pleased to announce that Partner, Paul Dennis has been appointed by the Judicial and Legal Services Commission to act as a Judge of the Eastern Caribbean Supreme Court for the period October 15 to December 31, 2012.

O’Neal Webster recently represented Scrub Island Development Group Limited, and Flagship Properties Limited in the Court of Appeal of the Eastern Caribbean Supreme Court in the recent cases of Chiverton Construction Limited v Scrub Island Development Group Limited BVIHCVAPP 2009/028 and Betteto Frett v Flagship Properties Limited.

The British Virgin Islands (“BVI”) is the world’s leading offshore corporate domicile and is known for continuously refining its laws to accord with, and improve upon international standards whilst promoting a business oriented framework.

1. What China-related offshore deals have you been involved with in the past year? And what observations do you have on developments in the offshore sector? “I see a continued increase in the use of BVI companies in China although…

On March 15, 2012 the BVI Financial Services Commission (FSC) published its
“Guidelines for Applying for an exemption to appoint a Custodian or Fund Manager.”