Collas Crill recently brought a successful, novel application to appoint receivers over a promissory note and reconstitute a breach of a Jersey trust in the context of a bitter international family dispute; the well-publicised Crociani saga.
Sam Williams and Simon Hurry, Group Partners in Collas Crill's Jersey office, respectively brought the application and led a team on behalf of the receivers in worldwide enforcement and recovery proceedings.
In an article published in Global Restructuring Review (GRR), Sam and Simon discuss this first instance of a Jersey Court appointing receivers in aid of equitable execution.
GRR subscribers can access the full article here.
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.
