The global COVID-19 pandemic has created uncertainty around the planned deal-making activities of many middle market private equity funds. However, this environment also creates significant opportunity to provide investment and financing to companies that find themselves in distressed circumstances.
Background
The role of Jersey as a financial centre means that on occasions there will be a requirement for a foreign liquidator or an office-holder under bankruptcy legislation to obtain information or documentation from persons or companies located in the Island. There have been a series of recent court decisions establishing the appropriate levels of co-operation with other jurisdictions.
Jersey, Insolvency & Restructuring, Litigation, Bedell Cristin, Bankruptcy, Conflict of laws, Debtor, Injunction, Ex parte, Witness, Comity, Common law, Legal professional privilege, UNCITRAL, Courts of Jersey