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ARTICLE · 30 SEPTEMBER 2026

Briefing Note: Key Case Law Under The Security Interests (Jersey) Law 2012

Collas Crill
Collas Crill
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The Security Interests (Jersey) Law 2012 (the SIJL) governs security over Jersey intangible movable property. Since coming fully into force on 2 January 2014, four Royal Court decisions have shaped...

JerseyFinance and Banking
Matthew Gilley
Matthew Gilley
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Background

The Security Interests (Jersey) Law 2012 (the SIJL) governs security over Jersey intangible movable property. Since coming fully into force on 2 January 2014, four Royal Court decisions have shaped the enforcement landscape: Re Bayswater Road (Holdings) Limited [2019] JRC 102; Kidd v All Service Group Holdings Limited [2019] JRC 221; Albion Energy Limited v Energy Investments Global Limited [2020] JRC 147A; and Rassmal Investments LLC v Mubarak Abdullah Al Suwaiket & Sons [2025] JRC 220. This note distils the key principles and their practical significance for secured lending practitioners.

Commercially Reasonable Enforcement (Article 46)

Article 46 requires secured parties to take commercially reasonable steps to determine fair market value when enforcing by sale or appropriation. The case law establishes the following key points:

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