Guide
Bankruptcy (Netting, Contractual Subordination and Non-Petition Provisions) (Jersey) Law 2005
09 February 2023
The Bankruptcy (Netting, Contractual Subordination and Non-Petition Provisions) (Jersey) Law 2005 (the Law) provides that netting, contractual subordination and non-petition provisions are enforceable, thereby giving certainty to parties entering into derivative contracts and other agreements.
About Mourant
Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.