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Offshore firm Ogier has promoted Bryan de Verneuil-Smith in its Guernsey dispute resolution team and hired Jeremy Snead and Anna Snead from Appleby in the Cayman Islands.
03 July 2020
Guernsey-owned British fashion and homeware retailer Matalan is launching a scheme of arrangement to deal with its second lien debt after raising £50 million of additional liquidity to see it through covid-19 disruption.
12 June 2020
Guernsey-based mining company BSG Resources has filed Chapter 15 proceedings in New York, as it tries to stop Brazilian miner Vale from enforcing a US$2 billion arbitration award.
05 June 2019
A Guernsey court has handed down its reasons for appointing joint liquidators over dissolved claims handler Highbridge Investments, finding the possibility its customers had been “duped” warranted further investigation.
02 May 2019
Bankrupt investment fund Carlyle Capital Corporation and its joint liquidators have lost their US$360 million appeal against the fund’s former directors and investment manager in Guernsey.
18 April 2019
Guernsey-based investment fund Juridica, which claimed to be the “first significant litigation funder”, is preparing to wind itself up following several disappointing litigation outcomes.
14 December 2018
Offshore firm Carey Olsen has promoted restructuring and insolvency lawyer David Jones to its partnership in the Channel Islands.
12 December 2018
A court in Guernsey has approved a US-owned slot machine manufacturer’s purchase of a recently-refinanced sports wagering company via a scheme of arrangement, saying it fulfilled the sanction criteria set out last year in the Puma Brandenburg case.
19 February 2018
A Guernsey court has, for the first time, sanctioned a scheme of arrangement that transfers a banking business between related companies, in a bid to meet bank ring-fencing regulations introduced in the UK after the global financial crisis.
01 September 2017
The Guernsey Court of Appeal has dismissed a bid by the BVI-incorporated shareholder-vehicles of a Canadian businessman to halt the winding-up of a Guernsey-registered holding company that he co-owns with a Russian businessman.
08 August 2017
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