British Virgin Islands Headline News:

Richard Branson plans private eco-resort in British Virgin Islands (Canoe Travel)
NECKER ISLAND, British Virgin Islands - Richard Branson, the adventuring chairman of the Virgin Group of companies, says his two private Caribbean islands have a higher purpose than serving as ultra-luxury retreats for entertainment and business A-listers.

Richard Branson Wants Eco-Resort in British Virgin Islands (Hospitality Design)
Virgin Groups chairman Richard Branson is hoping to turn one of his privately owned parcels, Mosquito Island, into a luxury eco-resort on the British Virgin Islands. The plan calls for 20 villas and a beachfront restaurant.

TAX-NEWS.COM (Tax-News.com)
The government of the British Virgin Islands demonstrated its continued commitment to the growth and development of the jurisdiction's financial services sector during a high-level retreat hosted by the International Finance Centre (IFC).

British Virgin Islands: Litigation Update: Test Case On The Redemption Of Shares (Mondaq)
Harneys has recently acted for a client in an important and novel case on the effect of a redemption notice, served by a company on a member, under the BVI Business Companies Act ("the Act"). The case will be of general interest in the context of the compulsory redemption of shares in BVI companies.

British Virgin Islands: Government Bearer Shares Announcement (Mondaq)
On 30 October 2003 the British Virgin Islands' Government announced that the changes to the bearer share regime highlighted in our client advisory of May 2003 will not come into full effect for seven years.

Jessica Gordon of Springfield was crowned Miss Massachusetts in Hal Jackson's Talented Teens International competition (The Republican)
SOUTHWICK - Seventh-grader Jessica T. Gordon's talent, personality and appearance has earned her the title of Massachusetts Talented Teen and an invitation to compete in the 38th annual Hal Jackson's Talented Teens International competition July 12 in Tortola, British Virgin Islands.

JMG Exploration Inc. Updates Status of Defaulted Loan to Newco Group Ltd. (Centre Daily Times)
JMG Exploration, Inc., ("JMG" or the "Company") (OTC:JMGEE) previously announced that the share exchange with Newco Group Ltd., a company organized under the laws of the British Virgin Islands ("Newco") had failed to repay a $3 million loan and accrued interest that was due December 31, 2007 and that the loan was in default.

JMG Exploration Inc. Updates Status of Defaulted Loan to Newco Group Ltd. (Business Wire via Yahoo! Finance)
PASADENA, Calif.----JMG Exploration, Inc., previously announced that the share exchange with Newco Group Ltd., a company organized under the laws of the British Virgin Islands had failed to repay a $3 million loan and accrued interest that was due December 31, 2007 and that the loan was in default.

Bestempire ups Envair stake to 17.84% (The Star)
KUALA LUMPUR: Bestempire Ltd, a company registered in the British Virgin Islands, has continued to accumulate shares in Envair Holdings Bhd, with the latest acquisition of 5.73 million shares.

Underwater cemetery redefines 'Bury me under the sea" (Contra Costa Times)
When Bert Kilbride died in March at 93, after 40 years of trolling for sunken treasure in the waters off the British Virgin Islands, his son Gary wanted a fitting burial site for his dad.

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