Hayden Morgan BVI & Commercial Court: Pre-Trial Delay Defeats €160m Worldwide Freezing Order Application (Alliance Petrochemical v Mazzagatti) In Alliance Petrochemical Investment (Singapore) Pte Ltd v Mazzagatti [2026] EWHC 2178 (Comm), the Commercial Court dismissed a claimant’s application for a €160 million worldwide freezing order and p... BVI Freezing Order
Hayden Morgan BVI: Commercial Court Removes Liquidators for Failure of Neutrality In a Section 187 removal application under the BVI Insolvency Act, the BVI Commercial Court ordered the removal of joint liquidators who took an adversarial stance against a major creditor, delayed ho... BVI Insolvency
Hayden Morgan BVI & UK Commercial Court: Statutory Derivative Suits Bypass SHA Vetoes (Tether Investments v Electric Solidus) In Tether Investments S.A. de C.V. v Electric Solidus, Inc [2026] EWHC 1652, the High Court (Commercial Court) considered the interaction between BVI statutory derivative actions and contractual veto ... BVI Litigation UK
Hayden Morgan UK High Court & Offshore Fund Nexus: PE Continuation Vehicle Asset Transfers Voided (Cedar Mundi) The High Court of England and Wales (Commercial Court) has handed down judgment in Cedar Mundi (Holding) SAL v Bassel Attieh and others [2026] EWHC 1820 (Comm), setting aside two transactions that pur... BVI Cayman Litigation UK
Hayden Morgan British Virgin Islands: Sanctioned Litigants' Access to Courts and Freezing Relief (AO Alfa-Bank v Kipford) The Eastern Caribbean Court of Appeal (ECCA) delivered a major judgment in AO Alfa-Bank v Kipford Ventures Limited (BVIHCMAP2024/0007). The ECCA allowed the appeal brought by designated Russian financ... BVI Litigation Sanctions
Hayden Morgan BVI Court of Appeal: No Retrospective Leave for Shareholder Derivative Actions (Ming Hong) The Eastern Caribbean Court of Appeal (sitting in the British Virgin Islands) delivered a key procedural ruling in Ming Hong v Wu Ying & Merry Corner Holdings Limited [2026] ECCA, resolving an issue r... BVI
Hayden Morgan BVI & Isle of Man: Preferences, Jurisdiction & Foreign Debt Enforcement BVI Preference Clawback Order: The BVI Commercial Court ordered a connected group company to repay US$125.9 million after a last-minute intra-group loan repayment executed in the "twilight zone" prior... BVI Insolvency IoM
Hayden Morgan British Virgin Islands: Distinguishing Nilon in Share Ownership Disputes and Enforcing SIBA Mandates The Eastern Caribbean Supreme Court (Commercial Division) has provided important regularisation to the BVI's litigation landscape through two distinct recent decisions. First, in Ming Hong v Wu Ying &... BVI Insolvency
Hayden Morgan BVI & Jersey: Restorations, Security Priority, and Foreign Costs Orders In Caribbean and Channel Islands statutory and procedural updates: BVI Creditor Restorations ( AS PNB Banka ): The BVI Commercial Court's ruling in AS PNB Banka (in liquidation) v Registrar of Corpora... BVI Insolvency Jersey
