Guide
The things a security taker needs to know about receivership under BVI law
06 December 2016
One of the main reasons the BVI remains a popular place to establish an asset holding company is that its insolvency law is creditor friendly and modelled on the English Insolvency Act 1986. Consequently, lenders around the world are comfortable lending money to BVI companies.
In this briefing, we examine the things a security taker (or secured party) needs to know about receivership under BVI law.
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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.
