Overview

The global challenges faced by multinationals have led them to seek out effective solutions and, against this backdrop, corporate restructuring, involving mergers consolidations, de-mergers, acquisitions and a medley of other options, are being carefully scrutinised and increasingly utilised. The BVI Business Companies Act 2004 (the BVIBCA), which has been heralded for its flexibility and utility, provides a number of options in this context. One such option is a plan of arrangement.