Does a creditor with an unliquidated debt have standing to apply for a creditors' winding up under the Companies (Jersey) Law 1991?

Looking back at 2023, one of the more memorable judicial decisions emanating from Jersey was the decision of the Court of Appeal in HWA 555 Owners, LLC v Redox PLC S.A. and Thieltgen [2023] JCA 085. In this update we explore how this decision might impact upon the creditors’ winding-up regime provided for in the Companies (Jersey) Law 1991.

HWA 555 Owners, LLC v Redox PLC S.A. and Thieltgen

Introduction

Filed under:
Jersey, Insolvency & Restructuring, Litigation, Mourant
Authors:
Katie Hooper , Kiara Brennan
Location:
Jersey
Firm:
Mourant