Cross-border insolvency: examination of former officers and directors in the BVI and Cayman

Anna Snead of Ogier explains that courts in the British Virgin Islands and the Cayman Islands are generally willing to recognise and assist foreign insolvency office holders, including by ordering examinations of former directors, officers and other relevant persons to obtain information and recover assets, though the scope of available assistance differs between the two jurisdictions and may depend on statutory regimes or common law recognition.

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