Global Insolvency | Daily News Headlines on Insolvency Developments across the Globe

Insolvency practice in small jurisdictions: An example of innovation in Jersey by Paul Omar

Small jurisdictions often suffer from deficiencies in appropriate laws, qualified professionals, supportive courts and policymaking infrastructure. The volume of economic activity is also a factor dictating the development of laws and legal infrastructure.

Cross-Border Assistance in Insolvency

The modern law governing insolvency assistance in Jersey begins with the enactment of Article 49 of the Bankruptcy (Désastre) (Jersey) Law 1990, which enables assistance to be given by Jersey courts to other courts in insolvency matters.