Monthly Archives: November 2012

Sales transaction of BVI-owned Hallwood Group Incorporated investigated by law firm

Legal firm Levi & Korsinsky, LLP announced that it is investigating the Board of Directors of the Hallwood Group Incorporated, the holding company partially owned by the British Virgin Islands-registered Hallwood Financial Limited. The subject of investigation are possible breaches … Continue reading

Posted in BVI Companies, Investigation, Unethical business practice | Leave a comment

US Court froze accounts and assets of BVI captive insurance company

Sanctions were awarded by federal judge in Florida against AAUG Insurance Company Limited, a captive insurer incorporated in the British Virgin Islands. The sanctions followed violation by the BVI company of a preliminary injunction order that froze the company‚Äôs assets … Continue reading

Posted in BVI Companies, Court decisions, Litigation, Unethical business practice | Leave a comment

Public Statement issued regarding insurance company

It was announced by the British Virgin Islands Financial Services Commission, by the Public Statement No. 18 of 2012, that Greater Tri-State Casualty Company Limited is no longer licensed or regulated by the FSC, and could be carrying on unauthorized … Continue reading

Posted in Blacklisted BVI Companies, BVI Companies, BVI licenced business | Leave a comment