Jersey:
New Securities Interests Law Now In Force
06 January 2014
Collas Crill
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The final part of the Security Interests (Jersey) Law 2012 comes
into force today, allowing the creation and registration of new
security interests over shares and other intangible moveable
property in Jersey to be possible.
There are steps that lenders should take to ensure they are able
to take advantage of the provisions of the new law, and there may
be opportunities for potential or existing borrowers to borrow
moneys or more moneys from lenders in light of the new law given
that it enables lenders to attain more comprehensive security than
has been possible under the old law.
Read our article
An enhanced security regime for Jersey for more information on
how the new law will impact on security granted over intangible
moveable property in Jersey.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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