British Virgin Islands: cross-undertaking in damages required as price of continuing interim receivership order
British Virgin Islands: cross-undertaking in damages required as price of continuing interim receivership order 21 June 2022 By Richard Baird Forbes Hare A defendant owns a British Virgin Islands company, which controls a majority stake in a publicly listed Japanese company. A claimant obtains an ex parte interim freezing order and gives the usual cross-undertaking…