Update
Will the reform of Guernsey's insolvency laws to introduce a statutory power of investigation assist Guernsey appointed liquidators in cross-border investigations?
28 June 2017
Under the current provisions of the Companies (Guernsey) Law 2008 (the Companies Law), Guernsey appointed liquidators do not have express statutory powers to require delivery up of a company or a third party's books and records, or to examine and interview third parties. However, this is all set to change.
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.