The COVID-19 pandemic has given us an indelible reminder of the
fragility of the social and economic constructs that we had perhaps
taken for granted. While governments take urgent steps to support
businesses and individuals to weather the storm, it is inevitable
that insolvency and restructuring regimes around the world are
going to be increasingly stress tested.
Jersey is fortunate to benefit from sophisticated and robust
legislation which can fairly balance the often competing interests
of creditors who might want their money now and shareholders who
might prefer to explore whether the business can continue and
ultimately offer better returns to its stakeholders.
Corporate insolvency procedures in Jersey
