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Walkers
Following on from our previous note discussing who is able to make decisions on behalf of a Jersey company, this note provides a brief summary of how such decisions can be made and documented.
Ogier
"Unprecedented" has become the word of 2020; used to describe many of the challenges now facing the world it is a common feature of the year's news reports, but it is also a word though that aptly describes the present state ...
Carey Olsen
It is well known that Jersey companies are a vehicle of choice for acquisition and investment holding structures, in particular in a private equity context.
Collas Crill
This is an update of our article of 19 June 2019 to advise that the reflective loss rule no longer applies to claims by creditors, following the Supreme Court's ruling on 15 July 2020 to reverse the Court of Appeal's decision on the cited Marex case.
Ogier
Ogier's Cayman Islands team has advised ARYA Sciences Acquisition Corp (ARYA), a special purpose acquisition company sponsored by Perceptive Advisors, LLC
Collas Crill
The appropriate level of disclosure of the beneficial ownership of entities has been one of the most hotly debated topics of recent times as leading jurisdictions...
Walkers
The Companies (Jersey) Law 1991, as amended, (the "Law") sets out the accounts requirements and rules relating to financial records, accounts, annual returns and audit requirements ...
Walkers
having regard to (i) the prospects of the company and to the intentions of the directors with respect to the management of the company's business and (ii) the amount and character of the financial
Carey Olsen
The Bank (Recovery and Resolution) (Jersey) Law 2017 (the "Law") was passed by the Jersey States Assembly on 14 February 2017 and registered in the Royal Court on 12 May 2017, ...
Walkers
Jersey company law provides a flexible and user-friendly regime for solvent winding up, whether or not the company has assets.
Walkers
One of the key features of Jersey's fund industry is the flexibility and range of structures available. There are a number of potential drivers to consider when determining your fund structure...
Appleby
The first half of 2020 has proven to be very challenging for dealmakers globally in executing transactions, due to a myriad of reasons brought on by the Covid-19 pandemic.
Walkers
The Companies (Jersey) Law 1991, as amended, (the "Law") gives Jersey companies a considerable degree of flexibility to fund the purchase (or buyback) of their own from any source, including capital.
Ogier
Families come in all shapes and sizes and it follows that there is no one size fits all approach when it comes to establishing an effective governance framework for a single family office....
Walkers
The Companies (Jersey) Law 1991, as amended, (the "Law") gives Jersey companies a considerable degree of flexibility to make distributions from a wide range of sources.
Appleby
Insolvency professionals have watched with great interest as the Corporate Insolvency and Governance Bill (the Bill) was recently published by UK Parliament.
Ogier
This briefing has been prepared for the assistance of clients considering incorporating a private company under the laws of Jersey. It is intended to provide only a summary...
Collas Crill
The answers to the Q&A only provide a generic guide to some of the legal provisions which will be relevant.
Worldwide
Ogier
Take-private transactions have long been a feature of the legal landscape in the Cayman Islands, whether as a tool for acquiring a company or in order to re-list the company on a more favourable...
Ogier
In Sevilleja v Marex Financial Ltd [2020] UKSC 31 (15 July 2020), the UK Supreme Court unanimously confirmed that the rule barring recovery of "reflective loss" does not and cannot apply to creditor claims.
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