BVI News

Over $200K pledged to repair commercial court

The building that housed the Commercial Court in Road Town. (File photo)

Organisations in the local business and finance sector have pooled more than $200,000 to help repair the Commercial Division of the BVI High Court.

The Tortola-based building sustained damage during Hurricane Irma which caused its operations to temporarily relocate to St Lucia.

A media release from BVI Finance said organisations in the sector pledged $255,500 towards the building’s repair in a bid to help fast-track their return from St Lucia to the BVI.

“It is evident that the BVI’s financial services industry, both here and abroad, is always ready to do their part to ensure the continued success of the jurisdiction as a respected international business and finance centre. As we begin the rebuild for the BVI Commercial Court, we are reminded of the importance of our public/private partnership and grateful for the contributions made,” said BVI Finance Interim Executive Director, Lorna Smith.

BVI Finance, however, said contributions towards the Commercial Court and other areas are still needed.

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