This week’s TGIF is the second of a two-part series considering Commonwealth v Byrnes [2018] VSCA 41, the Victorian Court of Appeal’s decision on appeal from last year’s Re Amerind decision about the insolvency of corporate trustees.
Introduction
Jersey, Insolvency & Restructuring, Litigation, Ogier, Conflict of interest, Fiduciary, Option (finance), Liability (financial accounting), Liquidation, Balance sheet, Cashflow, Liquidator (law), Misappropriation
The Statutory Position:
The provisions governing the recognition of a foreign (including a UK) insolvency office holder under Jersey law are found in Article 49 of the Bankruptcy (Désastre) (Jersey) Law 1990 (the 'Law') and Article 6 of the Bankruptcy (Désastre) (Jersey) Order 2006 (the 'Order').
Jersey, Insolvency & Restructuring, Ogier, Bankruptcy, Conflict of laws, Ex parte, Comity, Courts of Jersey