Monday, 26 October 2015

Jersey: pooling the assets of companies in liquidation

Last month the Royal Court (Samedi division) confirmed that it had the power to order the pooling of the assets of two companies in liquidation (one in Jersey and the other Guernsey): see Representation of Huelin Renouf Shipping [2015] JRC 206. In the same month, and in the connected proceedings, the Royal Court (Ordinary division) in Guernsey held that it had same the power: see here.

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