Technical Publications
Lending and taking security in the British Virgin Islands: overview
02 Oct 2015
This overview was first published in the Practical Law Finance Global Guide 2015/16 in August 2015, by Thomson Reuters.
In this Q&A, Michael Gagie, Richard May, and Matthew Gilbert provide a thorough overview to lending and taking security in the British Virgin Islands. Topics include creation and registration requirements, problem assets, risk areas for lenders, structuring the priority of debt, debt trading and transfer mechanisms, enforcement of security, cross-border issues on loans, taxes, and reform proposals.