Mr Christopher Jones

Christopher Jones

Updates

Corporate Finance/M&A

Secured lending in Guernsey
Guernsey | 12 August 2020

Guernsey entities continue to be popular in asset-holding structures and, accordingly, lenders are regularly asked to put in place financing arrangements involving Guernsey entities. This article provides an overview of the mechanism under Guernsey law for the creation and enforcement of security over certain Guernsey-situated assets, such as the shares in a Guernsey company, certain contract rights and monies in a Guernsey bank account.

Insolvency & Restructuring

COVID-19 restructuring and corporate recovery measures
Guernsey | 22 May 2020

Many of the key emergency legislative measures put in place to combat the effects of COVID-19 have been aimed at protecting the local economy, with the focus on the prevention of insolvency rather than insolvency itself. These measures include a payroll co-funding scheme, a grant for small businesses and the self-employed and a guarantee scheme, under which the states will work with the high street banks to provide loans to trading businesses with an annual turnover of less than £10 million.

Private Client & Offshore Services

Secured lending in Guernsey
Guernsey | 06 August 2020

Guernsey entities continue to be popular in asset-holding structures and, accordingly, lenders are regularly asked to put in place financing arrangements involving Guernsey entities. This article provides an overview of the mechanism under Guernsey law for the creation and enforcement of security over certain Guernsey-situated assets, such as the shares in a Guernsey company, certain contract rights and monies in a Guernsey bank account.

COVID-19 restructuring and corporate recovery measures
Guernsey | 21 May 2020

Many of the key emergency legislative measures put in place by the states of Guernsey to combat the effects of COVID-19 have been aimed at protecting the local economy, with the focus on the prevention of insolvency rather than insolvency itself. These measures include the introduction of a hardship fund, the Coronavirus Payroll Co-funding Scheme and a £3,000 grant for small businesses and the self-employed.