Mezhprom v Lenux (2021): When Should Offshore Trustees Participate in Foreign Proceedings? - McDermott Will & Emery

Mezhprom v Lenux (2021): When Should Offshore Trustees Participate in Foreign Proceedings?

Overview


A recent decision in a British Virgin Islands court case (Mezhprom v Lenux) has raised a number of questions regarding the enforcement of foreign judgments in offshore jurisdictions that have implemented firewall legislation, and highlights issues facing offshore trustees that do not have the protection of such firewall legislation.

Partner Lynsey McIntyre and trainee Bethany Drayton explain the implications of this judgement in an article published in eprivateclient.