Regional news: Saint Vincent and the Grenadines

Saint Vincent liquidators secure third-party funding order

The liquidators of an investment holding company in Saint Vincent and the Grenadines have secured court approval to draw down on a funding agreement with one of its Malta-based creditors to fund its liquidation.

06 July 2023

Gibraltar court throws out St Vincent conspiracy claim

A Gibraltarian businessman who accuses his former lawyer of liquidating his company in the Caribbean to frustrate breach of legal privilege proceedings against her, will not have his claims heard locally, after a court found it lacked jurisdiction to hear his conspiracy tort.

20 October 2020

Say a little prayer: Insolvent fund escapes award enforcement

A court in Saint Vincent and the Grenadines has refused to enforce an arbitral award against an insolvent local investment fund, saying the Dutch award holder’s prayer had failed to specifically request enforcement.

01 February 2019

St Vincent court declares luxury development bankrupt, as director charged with fraud

A luxury resort developer in St Vincent and the Grenadines whose funding structure was likened to a Ponzi scheme has been declared bankrupt, while its owner has been charged by the UK’s Serious Fraud Office (SFO).

14 March 2017

English court terminates Dechert as counsel to protect privileged information

The High Court of England and Wales has told Dechert that it must cease acting for a major creditor of a bankrupt company in ongoing fraud litigation, because it is also acting for the trustees in the company’s bankruptcy proceedings and has benefited from access to privileged information.

11 May 2016

Isle of Man court grants use of documents in US and Caribbean

A court in the Isle of Man has allowed four US special purpose vehicles to use information revealed in a Manx disclosure and freezing order last year in proceedings for the repayment of debts in the US and Caribbean.

19 February 2016

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