The Security Interests (Jersey) Law (SIJL) 2012 came into force on 2 January 2014, changing the way in which security is created, perfected and enforced over Jersey intangible movable property. This article deals with the enforcement of security interests under the SIJL 2012.
La prolongada duración de los efectos de la pandemia COVID-19 sobre el tejido económico empresarial ha impulsado al Gobierno a extender en el tiempo algunas de las medidas en el ámbito de la Administración de Justicia que se habían adoptado en el marco del Real Decreto-Ley 16/2020, de 28 de abril, posteriormente confirmadas en la Ley 3/2020, de 18 de septiembre.
La Ley Concursal española prevé distintos tipos de marcos legales de reestructuración o insolvencia. El primero de ellos es el concurso de acreedores, que es un procedimiento sometido a una supervisión
The Spanish Insolvency Law sets out various types of restructuring or insolvency legal frameworks. The first is the “concurso de acreedores” or insolvency proceeding, which is a proceeding that is
The Spanish Insolvency Law sets out various types of restructuring or insolvency legal frameworks. The first is the “concurso de acreedores” or insolvency proceeding, which is a proceeding that is
Los efectos de la pandemia se están materializando en un incremento significativo de la deuda de consumidores y empresas. En este contexto, nuestra previsión es que, en los próximos años, las transacciones sobre deuda y activos tóxicos alcanzarán niveles muy elevados. Desde Garrigues, analizamos en este documento la situación y tendencias del mercado de deuda en Latinoamérica, España y Portugal, donde se percibe una clara tendencia a la sofisticación de este tipo de operaciones.
Pandemia COVID-19
In the wave of the COVID-19 pandemic, there has been a significant increase in debt held by both consumers and companies. Over the coming years, we expect to see a large number of debt and distressed asset deals. In this viewpoint, Garrigues provides in this documentan analysis of the debt market situation and trends in Latin America, Spain and Portugal, where there is a clear move toward greater sophistication in these deals.
COVID-19 pandemic
The financial impact of the COVID-19 pandemic has put pressure on a wide range of structures and, as a result, lenders, borrowers and other counterparties are looking more closely at the impact of possible insolvency proceedings. As Jersey entities are often used in cross-border finance transactions, it is important to be aware of the differences between Jersey and English insolvency procedures for companies, trusts and limited partnerships.
What are the main Jersey insolvency procedures for a Jersey company?
These are: