Regional news: Jersey

An English court has barred the liquidator of a local investment vehicle from serving a preference application on Panama-incorporated investor Holyoak, finding his claim did not have a “reasonable prospect of success”.

15 April 2020

Six months after bondholders took control of the company through a “ground-breaking” coercive share pledge enforcement, UK telecoms group Lebara has completed its capital restructuring.

16 January 2020

A Jersey-registered gold miner has filed for bankruptcy protection in Canada as it weighs up an investment treaty arbitration against the Armenian government.

06 January 2020

The estates of three companies tied up in a “substantial fraud” allegedly carried out by São Paulo’s former mayor can be pooled, a British Virgin Islands court has ruled, in the first published judgment of its kind.

10 December 2019

Advisory firm CVR Global has opened its third offshore office after acquiring the Moore Stephens restructuring and insolvency team in Jersey.

20 August 2019

Advisory firm CVR Global has hired a joint liquidator of Panama Papers leak victim Mossack Fonseca from Deloitte in the British Virgin Islands.

12 July 2019

Akin Gump Strauss Hauer & Feld and Houlihan Lokey are advising Connecticut-based fund SVP Global on the distressed acquisition of a Norwegian oil driller.

27 June 2019

Harneys counsel Richard Brown has rejoined his old firm Carey Olsen as a partner in London, after two years away.

19 June 2019

Harneys counsel and IWIRC director-at-large Catherine D’Alton is moving in-house at Standard Chartered Bank in Singapore.

25 April 2019

Four months after sanctioning a scheme of arrangement to close the general estate of Lehman Brothers’ main trading arm in Europe, the English High Court has approved an order to facilitate the closure of its client money estate.

30 October 2018