By Andrew Willins and Eliot Simpson ( September 19, 2018, 1:54 PM EDT) -- Applications by members of solvent companies to put them into liquidation on "just and equitable" grounds are a relatively rare breed in the British Virgin Islands. Shareholders will often elect to bring unfair prejudice proceedings instead, where they are not faced with a statutory obligation to show that there is no alternative remedy that would be more reasonable for them to pursue,[1] and where the remedies available to the court are often thought to be significantly broader....
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