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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.

In finance transactions, legal opinions are often sought from local counsel as to the capacity of entities formed under the laws of Guernsey to enter into transactions and documents...

Guernsey introduced legislation permitting the formation of cell companies through the Protected Cell Companies Ordinance in 1997 – the first country in the world to do so. Incorporated cell companies...

The new Lending, Credit and Finance (Bailiwick of Guernsey) Law, 2022 (LCF Law) will come into full effect on 1 July 2023. Below are the latest updates on consumer credit and the provision...

This briefing note describes the key features of a protected cell company ("PCC") and summarises the formation, structure and the liquidation procedures particular to this type of company.

All directors owe fiduciary duties to the company of which they are a director.

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...

Guernsey has recently introduced a registration regime (the "Director Registration Regime") for persons relying on the "Six Directorships Exemption", under which directors...

Lisa Upham, Guernsey Advocate and a Notary Public, will look at specific issues relating to various types of power of attorney executed on the island of Guernsey.

This briefing note describes the key features of the incorporated cell company ("ICC") and summarises the formation, structure and liquidation procedures particular to this type of company.

Following extensive consultation with industry, in February 2020 the Guernsey Financial Services Commission (GFSC) issued its final rules and guidance under the...

Guernsey's position as Europe's leading captive insurance domicile has made the jurisdiction renowned for insurance activity - a large proportion of which provides...

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...

This briefing note describes the key features of a protected cell company ("PCC") and summarises the formation, structure and the liquidation procedures particular to this type of company.

Two of the most common ways to dissolve a Guernsey company are the voluntary striking-off procedure, and the voluntary winding-up procedure.

The PCC is a company with all the usual features: a set of memorandum and articles of incorporation, a registered office, a share capital and a board of directors, being subject to all of the normal requirements of the Law.