BVI: Asset Tracing and International Securities Litigation

Walkers BVI Partners Jack Husbands and Oliver Clifton have recently been published by Thomson Reuters in Practical Law. This article forms part of the Dispute Resolution Guide.

Their article provides a spotlight on two important areas when litigating in the British Virgin Islands: asset tracing, where the article considers the approach followed by the courts of the BVI (in particular in the case of Black Swan v Harvest View Limited) and international securities litigation, where the article considers the rules governing charges and mortgages over assets held by BVI companies used as holding vehicles in financing transactions and the extent to which the BVI courts will order foreign remedies under an instrument not governed by BVI law.


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