Dispute resolution doesn’t always necessitate going to court. Alternative methods like mediation, arbitration, and negotiation offer diverse avenues for conflict resolution, often involving an impartial third party. In commercial contracts, arbitration clauses are particularly common. Arbitration is a private, alternative…
Introduction In the vibrant landscape of Belize’s Orange Economy, encompassing a diverse array of creative industries, practitioners often find themselves navigating business arrangements without formal contracts. This ad hoc approach, colloquially known as “ketch and kill,” can lead to pitfalls…
Virtual assets likely to be defined as to capture all crypto currencies, security tokens, utility tokens or other digital assets that is tradable or transferable, with the exception of digital fiat currencies. It may also be expressed as digital representation…
The answer to this question depends upon a variety of factors, all of which are set out in the case of Delia Andrews Hyde v. RF&G Insurance Company Limited, Civil Appeal No 1 of 2016. As is usual in cases…
The term “Application for Leave for Judicial Review” is a term you have heard on the news recently. If it rings a bell it’s probably because it is the central issue of the highly anticipated case of Stake Bank…
The Government of Belize has announced the enactment of the new and eagerly awaited Belize Companies Act, 2022. In what is being described by practitioners as a major boost to the Belize Financial Services Industry, the Act streamlines, clarifies, and…
The United Kingdom Launches a Public Register of Beneficial owners and controllers The Register of Overseas Entities, created under the Economic Crime (Transparency and Enforcement) Act 2022 was launched on 1st August 2022. The Act intends to introduce a mandatory…
The Belize Companies Act 2022 was passed into law on August 5, 2022. Here are some of the key provisions of the Act that impose new requirements you will want to pay particular attention to. RE-REGISTRATION IS REQUIRED FOR CERTAIN…
With the anticipated launch of the Online Business Registry System (OBRS), do you have a Licensed Registered Agent? The Belize Companies and Corporate Affairs Registry (BCCAR) is expected to implement their new digital transformation of company registration, the Online Business…
