Guide
Liquidating an insolvent Jersey company
17 February 2023
The two primary procedures that are used to liquidate an insolvent Jersey company are désastre proceedings under the Bankruptcy (Désastre) (Jersey) Law 1990 (the 1990 Law) and a creditors' winding up under the Companies (Jersey) Law 1991 (the 1991 Law). This briefing examines the key aspects of each procedure and related matters.
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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.
