Tag: BVI

The Future Of Unexplained Wealth Orders

UWOs were intended to empower UK law enforcement agencies to attack the UK-based assets of high-net worth individuals with shady pasts who owned assets of questionable origin. They could also be used to target UK-held assets of politically exposed persons (PEPs) suspected of grand corruption in their home states.

Third Party Funding of Litigation and Arbitration in the BVI

What are the legal doctrines ⚖️ of ‘champerty and maintenance’ and how could clarifying current uncertainty under BVI law over third-party funding help the BVI in its litigation and arbitration work? Martin Kenney for the IFC Review.