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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
Jersey courts have “inherent jurisdiction” to vary their own orders where they are persuaded to do so, an appeals court has ruled in a decision considering comity in cross-border insolvencies.
09 August 2018
A Jersey court has ruled that trustees of an insolvent trust rank alongside other creditors in a pari passu regime.
17 July 2018
The chief executive officer of the Royal Court of Jersey - known as Jersey's Viscount - has requested the assistance of the High Court of England and Wales in a £1.3 billion insolvency case.
23 February 2017
A London court has found that three Jersey-registered companies have their centres of main interest (COMI) in England, dismissing objections to the appointment of administrators under English law.
21 February 2017
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