Insolvent trusts: pari passu indemnification of successive trustees & the importance of creditor expectations - A view from the Channel Islands, Bermuda, the BVI and Cayman

Introduction

Filed under:
Bermuda, British Virgin Islands, Cayman Islands, Jersey, United Kingdom, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Walkers
Authors:
Kevin Taylor , Steven White , Tim Molton , Rosalind Nicholson , Matthew Goucke , Neil Lupton , Luke Petith , Adam Cole , Colette Wilkins , Richard Holden , Nigel Sanders , Craig Macleod , Adam Hinks
Location:
Bermuda, British Virgin Islands, Cayman Islands, Jersey, United Kingdom
Firm:
Walkers
Insolvent trusts: pari passu indemnification of successive trustees & the importance of creditor expectations - A view from the Channel Islands, Bermuda, the BVI and Cayman

Introduction

Filed under:
Bermuda, British Virgin Islands, Cayman Islands, Jersey, United Kingdom, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Walkers
Authors:
Kevin Taylor , Steven White , Tim Molton , Rosalind Nicholson , Matthew Goucke , Neil Lupton , Luke Petith , Adam Cole , Colette Wilkins , Richard Holden , Nigel Sanders , Craig Macleod , Adam Hinks
Location:
Bermuda, British Virgin Islands, Cayman Islands, Jersey, United Kingdom
Firm:
Walkers
CIGA, Brexit and the recognition of Part 26A Restructuring Plans in Guernsey and Jersey

The Channel Islands of Guernsey and Jersey did not introduce emergency insolvency legislation as a result of the Covid-19 pandemic and do not presently have measures equivalent to those found in the UK’s Corporate Insolvency and Governance Act, 2020 (“CIGA”).

Filed under:
European Union, Guernsey, Jersey, United Kingdom, Insolvency & Restructuring, Litigation, Public, Walkers, Brexit, Coronavirus
Authors:
Fraser Hern , Sarah Brehaut , Adam Cole , Nigel Sanders , Jamie Bookless , Craig Macleod
Location:
European Union, Guernsey, Jersey, United Kingdom
Firm:
Walkers