The BVI Business Companies Act 2004 (the BC Act) provides an extremely flexible framework for reorganisations or restructurings involving solvent British Virgin Islands companies.
This guide outlines key considerations under the BC Act and other relevant law regarding the following: share and asset sales, including “hive-outs” and “hive-downs”; inter-company financing and re-financing; distributions, including “hive-ups” and share buybacks; mandatory redemptions (“squeeze-outs”); mergers and consolidations, including “de-merger” structures; plans and schemes of arrangement, continuations and discontinuations; and new incorporations and voluntary liquidations.
Download the PDF to view the guide.
Authors
Related content
Article
Restructuring the Cayman Islands segregated portfolio company: A closer look at in re Oakwise Value Fund SPC
Podcast
Chat OMP - Leading with trust: Balancing careers, teams, and a work-life balance with Rachel Graham
Article
Judicial Committee Of The Privy Council confirms that shareholders have a direct right of action against a company in circumstances where shares have been allotted for an improper purpose