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China NTG Investments Limited -v- Great River Corporation Ltd et al Claim No. BVIHC (Com) 63 of 2012

November 2012 Procedure

BRITISH VIRGIN ISLANDS

HIGH COURT (COMMERCIAL DIVISION)

RULE 24 - SECURITY FOR COSTS - EASTERN CARIBBEAN SUPREME COURT CIVIL PROCEDURE RULES, 2000

The first to sixth Defendants (the “Applicants”) applied pursuant to Rule 24 of the BVI Civil Procedure Rules for an order requiring the Claimant to give security for their costs of the proceedings. The Respondents alleged, inter alia, that the Claimant, although incorporated in the BVI, was ordinarily resident out of the jurisdiction. The Respondents sought to rely on the English case Re Little Olympian Each Ways Ltd [1995] 1 WLR 560 (a tax case) where the Court held that the test to determine whether a corporation was ordinarily resident out of the jurisdiction of the English Court was where central management and control abides.

 

To continue reading full articles in PDF format:
China NTG Investments Limited -v- Great River Corporation Ltd et al Claim No. BVIHC (Com) 63 of 2012

 

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Mark J. Forte
Tel: +1 284 852 1113
Email: mark.forte@conyersdill.com


Head of Litigation Cayman Islands

Paul Smith
Tel: +1 345 814 7777
Email: paul.smith@conyersdill.com


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Nigel K. Meeson, QC
Tel: +852 2842 9553
Email: nigel.meeson@conyersdill.com

Offshore Cases

China NTG Investments Limited -v- Great River Corporation Ltd et al Claim No. BVIHC (Com) 63 of 2012

01 November 2012

BRITISH VIRGIN ISLANDS

HIGH COURT (COMMERCIAL DIVISION)

RULE 24 - SECURITY FOR COSTS - EASTERN CARIBBEAN SUPREME COURT CIVIL PROCEDURE RULES, 2000

The first to sixth Defendants (the “Applicants”) applied pursuant to Rule 24 of the BVI Civil Procedure Rules for an order requiring the Claimant to give security for their costs of the proceedings. The Respondents alleged, inter alia, that the Claimant, although incorporated in the BVI, was ordinarily resident out of the jurisdiction. The Respondents sought to rely on the English case Re Little Olympian Each Ways Ltd [1995] 1 WLR 560 (a tax case) where the Court held that the test to determine whether a corporation was ordinarily resident out of the jurisdiction of the English Court was where central management and control abides.

 

To continue reading full articles in PDF format:
China NTG Investments Limited -v- Great River Corporation Ltd et al Claim No. BVIHC (Com) 63 of 2012

 

 

EDITOR & HEAD OF LITIGATION BERMUDA

Christian R. Luthi
Tel.: +1 441 298 7814
Email.: christian.luthi@conyersdill.com


Head of Litigation British virgin islands

Mark J. Forte
Tel.: +1 284 852 1113
Email.: mark.forte@conyersdill.com


Head of Litigation Cayman Islands

Paul Smith
Tel.: +1 345 814 7777
Email.: paul.smith@conyersdill.com


HEAD OF THE ASIA DISPUTES & RESTRUCTURING GROUP

Nigel K. Meeson, Q.C.
Tel.: +852 2842 9553
Email.: nigel.meeson@conyersdill.com