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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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May 31, 2025
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May 31, 2025
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May 31, 2025
Collapsed tourism agent Traveldream may have taken customers’ money while insolvent
May 31, 2025
Insolvency team boost at Manheim
May 31, 2025
Thurston Group: Yorkshire manufacturer acquires Alsim System Building after firm enters insolvency – Yorkshire Post
May 31, 2025
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