Collas Crill is an offshore law firm with offices in BVI, Cayman, Guernsey, Jersey and London.
We deliver a comprehensive range of legal services to clients locally and globally in four broad practice areas: Financial Services and Regulatory; Insolvency and Corporate Disputes; Private Client and Trusts; and Real Estate.
Clients include some of the world’s leading financial institutions, international businesses, trusts and funds, as well as high-net-worth individuals and families across the globe. We continue to build a network of independent and trusted partners around the world including the Caribbean, the Channel Islands, the UK, Europe, the US, the Middle East, South Africa and Asia.
The final part of the Security Interests Law 2012 comes into force today, allowing the creation and registration of new security interests over shares and other intangible moveable property in Jersey to be possible.
The final part of the Security Interests (Jersey) Law 2012 comes
into force today, allowing the creation and registration of new
security interests over shares and other intangible moveable
property in Jersey to be possible.
There are steps that lenders should take to ensure they are able
to take advantage of the provisions of the new law, and there may
be opportunities for potential or existing borrowers to borrow
moneys or more moneys from lenders in light of the new law given
that it enables lenders to attain more comprehensive security than
has been possible under the old law.
Read our article
An enhanced security regime for Jersey for more information on
how the new law will impact on security granted over intangible
moveable property in Jersey.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.