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Insolvency & Restructuring
Collas Crill has a specialist insolvency and restructuring
practice.
We can guide businesses of all sizes through the legislation and
procedures in Jersey and Guernsey, and regularly act on matters
with a complex, cross-jurisdictional flavour which require a
creative solution. We provide advice to banks, companies, creditors
and other counter-parties, directors and, of course, insolvency
practitioners in order to preserve a business' value or to protect
the interests of our clients.
Our insolvency and restructuring practice covers all areas of
insolvency and restructuring, non-contentious and
contentious. Our specialisms include:
- Acquisitions of assets and businesses from insolvency
practitioners
- Administrations
- Asset recovery and tracing
- Channel Islands customary insolvency procedures
- Corporate, security and financial restructuring
- Court applications (including applications for urgent
relief)
- Directors' duties and liabilities
- Enforcement of security
- Liquidations
- Schemes of arrangement
Our Insolvency and Restructuring team draw on expertise from
across the firm, including the Corporate and Commercial, Dispute
Resolution and Property teams.
Collas Crill has been involved in most of the high profile cases
in the Channel Islands, including the administration of Landsbanki
(Guernsey) Limited, the insolvency of Carlyle Capital Corporation
and Madoff related matters.