Deals and Cases : Practice Area : Restructuring and Insolvency

Restructuring and insolvency cases of recent significance

• Nicholas Crocker, Paul Sugden and Peter German advised on the potential enforcement of Jersey security interest agreements over shares in Jersey companies. The advice included an assessment of consolidation risk, the merits of making application to the Jersey Royal Court and the scope for insolvency challenge.
• Paul Sugden advised on technical issues of the rights of the secured party and the grantor of security in shares of a Jersey company with a key position in a cross-border group, as part of high profile cross-border insolvency.
• Paul Sugden and Marcus Pallot acted on a high profile Jersey ‘désastre’, affecting an individual and a group of companies with a range of assets and competing creditor interests. They represented a major financial institution in its dealings with the Jersey Viscount and otherwise.