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Practice and trends in restructuring and insolvency law – International Law Office (registration)

Introduction
Courts’ jurisdiction
Potential for reform

Introduction

Jersey has a familiar range of legal processes and remedies for the restructuring and insolvency of corporations. The principal provisions are contained in the Companies (Jersey) Law 1991 and the Bankruptcy (Désastre) (Jersey) Law 1990. These have been consistently applied and developed by the Royal Court. While certain reforms are often discussed, Jersey seeks to position itself as a jurisdiction with a system in which creditors can have confidence. From a broader perspective, the Royal Court has shown itself willing to engage in cross-border insolvencies, whether by granting recognition to overseas office holders or seeking assistance from other…

Read the full article at: http://www.internationallawoffice.com/Newsletters/Insolvency-Restructuring/Jersey/Ogier/Practice-and-trends-in-restructuring-and-insolvency-law

Category: BankruptcyBy Insolvency GuardianMay 25, 2017

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Practice and trends in restructuring and insolvency law – International Law Office (registration)

Introduction
Courts’ jurisdiction
Potential for reform

Introduction

Jersey has a familiar range of legal processes and remedies for the restructuring and insolvency of corporations. The principal provisions are contained in the Companies (Jersey) Law 1991 and the Bankruptcy (Désastre) (Jersey) Law 1990. These have been consistently applied and developed by the Royal Court. While certain reforms are often discussed, Jersey seeks to position itself as a jurisdiction with a system in which creditors can have confidence. From a broader perspective, the Royal Court has shown itself willing to engage in cross-border insolvencies, whether by granting recognition to overseas office holders or seeking assistance from other…

Read the full article at: http://www.internationallawoffice.com/Newsletters/Private-Client-Offshore-Services/Jersey/Ogier/Practice-and-trends-in-restructuring-and-insolvency-law

Category: BankruptcyBy Insolvency GuardianMay 24, 2017

Post navigation

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June 2, 2025
Former Victorian Liberal leader John Pesutto facing bankruptcy
June 2, 2025
Rhyl temporary accommodation: Ex-directors declared bankrupt
June 1, 2025
Steward allowed to keep worker retirement funds
June 1, 2025
Analysis: Textile giant Sritex shuts down, leaving over 10,000 workers jobless – Academia
June 1, 2025
Nylon maker Ascend files for bankruptcy
June 1, 2025
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