By Maya Lester KC & Michael O’Kane

BVI court finds share transfer to avoid US sanctions is not unjustified dissipation

In the context a counterclaim by Emmerson International & others against Renova Industries (RHL) & others relating to a joint venture, the Eastern Caribbean Supreme Court sitting in the BVI considered whether a transfer of shares owned by US designated Renova Group was an unjustifiable dissipation of assets providing grounds for a freezing order. In its judgment in Renova Industries…...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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