Please give us an overview of the current legal market in
Jersey and how any recent developments have impacted your
practice?
2017 was a relatively busy year for Jersey M&A activity,
reflecting the global market. Despite the current global
geopolitical and regulatory concerns, the high number of deals seen
in the last three years is looking to continue throughout 2018.
There has been no material legal developments in the M&A
space in Jersey. However, a new demerger regime for Jersey
companies will come into force on 1 September 2018 (pursuant to the
Companies (Demerger) (Jersey) Regulations 2018) which may provide
an alternative to a court sanctioned scheme of arrangement. As
these regulations should result in significant cost and time
savings for those looking to divide the undertaking, property,
rights and/or liabilities of a Jersey company, we may see a rise in
the number of restructurings of Jersey companies. We note that
certain Jersey companies will not be