130 results found

When settlors think about protecting a vulnerable family member, whether a child prone to profligacy, an adult struggling with addiction or an elderly relative suffering cognitive decline, the instinctive response...

On 15 January 2020 the States of Guernsey passed the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020, making Guernsey an even more desirable forum for insolvency proceedings.

The work environment has changed dramatically in recent months. For many, it has meant having to quickly transition to new ways of doing business, new ways of maintaining team morale from home and...

This briefing looks at the potential impact of the coronavirus (COVID-19) on businesses and examines steps that can be taken ...

In the current economic environment, directors will be fully focussed on avoiding any breach of their fiduciary duties, particularly if they are directors of companies experiencing or at risk of financial distress.

There is no doubt that second ranking security can be taken under the Security Interests Law, 1993.

Guernsey stands out against many offshore jurisdictions because it has a dedicated administration regime designed to facilitate corporate rescue. The procedure is broadly similar to that in the United Kingdom...

In this article, consultant John Greenfield, partner David Jones and associate Steven Balmer, examine innovative mechanisms by which creditors may seek to investigate secure assets...

The Royal Court recently handed down judgment in In the matter of CanArgo Limited (in liquidation) [2020] GRC064, bringing to an end an important chapter in a long-running...

It seems like a week hasn't passed recently without some new global macro shock hitting our screens, resulting in the economic rollercoaster ride on which we find ourselves.

A discussion which focuses on the insolvency regime in Guernsey.

With reassuringly familiar corporate and insolvency regimes, a preferential tax regime, and located in the same time zone as London, Guernsey entities are popular across many different types of structured financing.

This client guide provides an overview of the duties of a director of a company and the types of claims that a director of a company can face under the BVI Business Companies Act...

The right to bring a challenge derives from Section 273 of the BVI Insolvency Act 2003, which provides.

Guernsey is a jurisdiction that is well used to requests from foreign insolvency office holders for assistance in collecting in assets located in Guernsey.

A number of recent cases, which have come before the Royal Court, demonstrate the flexible and pragmatic nature of the regime.

Many offshore jurisdictions have dug into the foundations of proposed winding-up petitions to determine if a winding-up is indeed appropriate.