With reference to practical examples from England & Wales, this briefing note by Raj Arumugam of 5 Stone Buildings and Adam Cole of Walkers' Guernsey office seeks to highlight three areas of change that will be of particular interest to Insolvency Practitioners, directors involved with Guernsey companies and their professional advisors once the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the "Ordinance") comes into force.

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Article originally published May 2020.

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.