Arrangements, schemes of arrangement, mergers, compulsory redemptions and dissenting shareholders in the British Virgin Islands | Practical Law

Arrangements, schemes of arrangement, mergers, compulsory redemptions and dissenting shareholders in the British Virgin Islands | Practical Law

This article provides an overview of the regimes available to companies in the British Virgin Islands under the BVI Business Companies Act 2004 (BC), which came into full effect in 2007. The regimes include arrangements; mergers; schemes of arrangement; compulsory redemptions of minority shareholders and rights of dissenting shareholders. The article also sets out the basic procedures for implementing each of the mechanisms introduced under the BC Act.

Arrangements, schemes of arrangement, mergers, compulsory redemptions and dissenting shareholders in the British Virgin Islands

by Grant Carroll and Julie Engwirda, Walkers
Law stated as at 01 Jul 2014 • British Virgin Islands
This article provides an overview of the regimes available to companies in the British Virgin Islands under the BVI Business Companies Act 2004 (BC), which came into full effect in 2007. The regimes include arrangements; mergers; schemes of arrangement; compulsory redemptions of minority shareholders and rights of dissenting shareholders. The article also sets out the basic procedures for implementing each of the mechanisms introduced under the BC Act.