Rather than applying the English common law concept of set-off, some Jersey cases suggest that the local courts should instead apply an analogous Jersey concept of ‘compensation’ as referred to in the Privy Council case of Dyson and Another v Godfray 1884 9 App. Cases 726 and more recently in Guidon Investments Limited v de Carteret (1980) JJ 109.

As we discussed in our previous article ‘No More LIBOR', the interest rate benchmark LIBOR is expected to cease after the end of 2021 and Banks and other lenders and their counterparties...

Yesterday Theresa May announced her intention to hold a general election on 8 June, and today (Wednesday 19 April) the House of Commons has approved a motion enabling it to go ahead.

On Wednesday 29 March 2017, the British Government formally began the process of exiting the European Union (EU).

A cross-service line team of Chula O'Donoghue, Sophie Reguengo, Katharine Marshall and Kevin Grové recently attended the Fourth Annual Real Estate & Real Estate Funds Conference in Jersey.

The BREXIT transition period ended on 31 December 2020 and has significantly changed the UK insolvency landscape in terms of the effect this has on cross border insolvencies.

There is much discussion in the private client community about what a future Labour Government might seek to introduce by way of fresh taxes.

A remarkable feature of recent elections around the world, including today's UK result, is that the pollsters by and large have got it wrong.

The booming global property investment market has made Real Estate Investment Trusts (REITs) one of the fastest expanding areas of stock markets since 2000, particularly in the United States, but also in Japan and France where they were launched in 2001 and 2003 respectively.

Jersey's distinct legal framework governs estate succession for international investors holding assets in the jurisdiction.

Jersey continues to be a popular jurisdiction in which to incorporate companies for use on a wide range of transactions, including investment funds, private equity, structured finance and securitisation transactions as well as listings on the Alternative Investment Market of the London Stock Exchange.

Share and business acquisition transactions in Jersey can take many forms. We may be asked to advise on the acquisition of locally based businesses, including banking, trust and other regulated businesses. Or we may be asked to assist lead advisers to clients who want to acquire a global or regional business with a Jersey subsidiary or branch.

The case of Sevilleja v Marex Financial Ltd (Marex) cast the spotlight firmly on what remedies are available to creditors and shareholders of a company.

On 11 September 2018, the Draft Limited Liability Companies (Jersey) Law (the LLC Law) was adopted by the States of Jersey paving the way for limited liability companies (LLCs) to be established in Jersey.

Figures released by the Jersey Financial Services Commission (JFSC) for Q3/2018 and reported by Jersey Finance, showed that the net asset value of regulated funds under administration in Jersey grew 14% year-on-year...

Details of the information which will be requested in relation to economic substance on the Guernsey company tax return has been published by Guernsey's Revenue Service

In this chapter, we have tried to set out some of the key issues that a lender and its counsel need to consider when entering into a typical subscription or capital call finance transaction.