We have considerable experience in dealing with all aspects of Jersey Bankruptcy and Insolvency.
Our practice extends to:
- Advising on asset recovery actions prior to and post insolvency procedures
- Advising officers and directors on duties and liabilities
- Pursuing and contesting désastre, dégrèvement and remise de biens applications
- Winding up Jersey companies
We also undertake a significant amount of cross-border international insolvency work, representing foreign insolvency practitioners seeking recognition and assistance in Jersey both under the statutory regime and pursuant to principles of comity.
Paul Nicholls is an active member of ARIES (the Association of Restructuring and Insolvency Experts) and is often instructed by insolvency practitioners (foreign and local), financial institutions and private individuals.
Most recently Paul acted for the respondent company in Re Harbour Fund II L.P. v ORB a.r.l. and Litigation Capital Funding where for the first time the Royal Court declined to exercise its discretion to appoint an English administrator over a Jersey resident company.