The BVI courts will not grant remedies to foreign practitioners in cross-border insolvency proceedings in the BVI unless they are from one of the nine countries designated under the BVI Insolvency Act 2003, the Eastern Caribbean Court of Appeal has ruled in NIPL v Erez. The case concerned an Israeli liquidator who sought a court order listing a BVI company's trustee in bankruptcy as a shareholder on the company's shares register.
News Source：【Carey Olsen 2021/04/12】
