04 December 2017

A guide to Carlyle: Guernsey's largest investment funds case

On 4 September 2017, the Royal Court of Guernsey handed down one of the most anticipated judgments in recent Guernsey jurisprudence, Carlyle Capital Corporation Limited (in Liquidation) and others v. Conway and others [2017].

After seven years of court proceedings, the judgment has memorialised, with legal rigour and analysis, fundamental principles of company law as affects directors and the companies they serve. Running to 529 pages, the sheer volume of this judgment is difficult to digest.

To help with this, our Advocate Tim C. Corfield has prepared a guide that outlines the key aspects of this case, the trial and the judgment.


  • Background: the company, its business and its directors
  • The collapse in brief
  • The claims
  • The law: certain principles derived and followed
  • Conclusion

To find out more, please click here to download our guide.  If you have any questions please do not hesitate to contact us.