Examples of BVI Law in a sentence
BVI Law is based on the British Legal System and English Common Law.
Thus, for the same reason that Fidelity and Vanguard do not suffer injury when an investor withdraws from their mutual funds, the Funds did not suffer any injury from the routine redemptions at issue here.D. The BVI Insolvency Claims Fail as a Matter of BVI Law The Liquidators assert that Defendants’ redemptions and/or the redemption payments made within a two-year look-back period were “unfair preferences” and/or “undervalue transactions” under the BVI Insolvency Act.
Today, Albidon shareholders approved the Merger in accordance with both ASX Listing Rule 10.1 and BVI Law requirements at the Company’s EGM in Hong Kong.
Rather, the Funds did not suffer any economic injury at all from the redemptions before the collapse of BLMIS.D. The BVI Insolvency Claims Fail as a Matter of BVI Law The Liquidators’ own allegations defeat the BVI Insolvency Claims.
The CPN team provided the Commission Chair with a copy of the Cayman Islands Charities Bill and the Discussion Paper on the bill issued by the Cayman Islands’ counterpart to the BVI Law Reform Commission.
There are discernible gaps within the current legislative framework governing charities and the nonprofit sector in the BVI, with little cohesive coordination or oversight.The Chairman of the BVI Law Reform Commission recognizes the need for a re- vised and modernized philanthropy law in the BVI and is eager for the Law Reform Commission to undertake responsibility for drafting such a law.
This RFP is supporting council resolution file # 18-1174, passed on July 16, 2018, supporting the One Community Initiative and ongoing Equity Work at the City of Ann Arbor.
By virtue of resolutions heretofore approved by Sen Lang’s Boards of Directors, the Acquisition, this Agreement, and the transactions contemplated hereby will not be subject to the restrictions on business combinations with interested stockholders otherwise applicable to the Acquisition, this Agreement, or the transactions contemplated hereby under BVI Law.
BVI Law Also Precludes The Liquidators From Alleging Citco’s Bad Faith The Liquidators are also wrong in claiming that Defendants failed to provide the Court with appropriate guidance if BVI preclusion principles apply.
All issued and outstanding Parent Ordinary Share are duly authorized, validly issued, fully paid and nonassessable and not subject to or issued in violation of any purchase option, right of first refusal, preemptive right, subscription right or any similar right under any provision of the BVI Law, the Parent’s Organizational Documents or any contract to which Parent is a party or by which Parent is bound.