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Guernsey
Insolvency
Guernsey
Walkers
The spotlight is now back on the role of directors in pre-pack deals following the English High Court's recent decision on the fiduciary duties directors owe following a company's insolvency.
Carey Olsen
Reforms to Guernsey's insolvency laws that will provide for an even more effective corporate insolvency regime should be welcomed by those within industry
GuernseyFinance
Changes in Guernsey's Insolvency Law have been approved by the island's government, the States of Guernsey.
Carey Olsen
With the States of Guernsey's approval yesterday of the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the "Ordinance")
Collas Crill
On 15 January 2020 the States of Guernsey approved the long-awaited final version of the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the Ordinance).
Walkers
Reforms to Guernsey's insolvency legislation to give greater powers to administrators and liquidators and streamline distribution processes are likely to be enacted in the very near future
Ogier
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.
Collas Crill
The awaited changes to Guernsey's insolvency regime will hopefully be submitted to the Greffe soon, to be laid before the States early next year, say Law Officers.
Ogier
The solvency test, found in section 527 of the Companies (Guernsey) Law 2008 as amended ("the Law"), is used to determine whether a Guernsey company is solvent.
KRYS Global
The Ordinance aims to enhance and streamline the insolvency process for stakeholders in Guernsey.
Ogier
Insolvency work is back with a vengeance in Guernsey – and it's not predicted to slow down.
GuernseyFinance
In the recent decision of BTI 2014 LLC v Sequana SA and others, the English Court of Appeal issued helpful guidance regarding the question of when the directors of a company in financial difficulty
Ogier
Recent high profile cases including Providence and Carlyle and their implications for the future of audit and directors duties in an insolvency context were just two of the issues discussed at the INSOL Channel Islands..
Carey Olsen
The right to bring a challenge derives from Section 273 of the BVI Insolvency Act 2003, which provides.
Carey Olsen
Carey Olsen's restructuring and insolvency team continues to grow and strengthen its reputation as the preferred adviser in the largest offshore restructuring and insolvency assignments.
Appleby
Many offshore jurisdictions have dug into the foundations of proposed winding-up petitions to determine if a winding-up is indeed appropriate.
Carey Olsen
2018 saw a number of high profile insolvencies around the world, including in Guernsey. The climate for many sectors remains extremely challenging with the UK further hindered ...
Appleby
The States of Guernsey have published draft legislation (the Draft Legislation) which recommends amendments to the current corporate insolvency legal regime contained within the Companies (Guernsey)
Carey Olsen
David Jones, counsel at Carey Olsen, and Stuart Gardner, a director at EY in Transaction Advisory Services, writing on behalf of the Guernsey Investment Fund Association, look at Guernsey's role...
KRYS Global
In a recent application for an increase in liquidators' fees in accordance with Practice Direction 3 of 2015...
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