WebNov 5, 2024 · A liquidator will then be appointed to administer the winding up. A désastre requires an application to court under the Bankruptcy (Désastre) (Jersey) Law 1990 (the " Bankruptcy Law "). The application may be made by the company, a creditor with a liquidated claim of not less than £3,000 and certain other persons. WebJun 19, 2024 · The Bankruptcy (Désastre) (Jersey) Law 1990 (the Law) contains an assistance provision which gives the Jersey court discretion to provide assistance to the courts of prescribed jurisdictions (currently British …
Guide to the Bankruptcy Law - gov.je
WebFeb 14, 2024 · This new regime will sit alongside the existing winding-up regimes under the CJL and the désastre regime under the Bankruptcy (Désastre) (Jersey) Law 1990, and will therefore introduce a further layer of protection and flexibility to creditors and companies seeking to commence an insolvency process in Jersey. WebSep 30, 1996 · The Bankruptcy (Désastre) (Jersey) Law, 1990 contains provisions on disqualifying directors of a company which has been declared 'en désastre' (bankrupt). … kruchten\u0027s heating air conditioning
Companies Act 2006
WebApr 23, 2024 · Disclaimer is the ability (conferred on the Viscount by the Bankruptcy (Désastre) (Jersey) Law 1990 and on liquidators by the Companies (Jersey) Law 1990) to repudiate an onerous contractual relationship. Repudiation of a lease brings the lease to an end, and releases the insolvent company from liability, but “except so far as is necessary ... WebSep 14, 2010 · There have been a number of cases in which Jersey companies have become subject to foreign insolvency proceedings which have been recognised in Jersey. Article 49 of the Bankruptcy (Désastre) (Jersey) Law 1990 provides that the Royal Court may, to the extent it thinks fit, assist the courts of prescribed jurisdictions (including the … WebThere are two principal regimes for corporate insolvency in Jersey: désastre and winding up. This briefing seeks to highlight the major features of each and some of the … krucial staffing nurse jobs