Can a Jersey company be reinstated? There are a number of ways in which a Jersey company can be dissolved. For example, a summary winding up is the procedure used to wind up a solvent Jersey company. Alternatively, a company may be dissolved if it is subject to a declaration…
The Companies (Amendment No.8) (Jersey) Regulations 2022 came into force on the 1 st March 2022 and amended the Companies (Jersey) Law 1991 (the “Companies Law”). This amendment introduced a new insolvency remedy for creditors of Jersey companies and represents an important development for the insolvency legislation of Jersey. Prior…
What is a legal opinion? Jersey legal opinions are used in order to confirm the valid incorporation and existence of a Jersey legal entity, its capacity and authority to enter into contractual relations and whether or not, as a matter of Jersey law, those contractual relations are binding and enforceable…
Voisin Law is helping cultivate a project for budding gardeners and their parents and carers. The local law firm has funded the entire cost of hiring a minibus and a driver to take fourteen families and the team from Brighter Futures out each week so they can get digging, planting…
What is a Protector? Protectors are a common feature of discretionary trusts settled under Jersey law, however, until recently there was very limited local jurisprudence addressing the nature and performance of their powers and duties. Interestingly, there is no statutory definition of the word ‘Protector’ under the laws of Jersey,…
The Economic Crime (Transparency and Enforcement) Act 2022 (the “Act”) introduces a new register, the Register of Overseas Entities, and requires “overseas entities” owning land in the UK to register the identity of their beneficial owners at UK Companies House and to keep that register updated. The Act received Royal…
Voisin Law has advised the local founders of LV Care Group, a leading care group provider in Jersey, on its sale of a majority shareholding in LV Group Limited to Emera, with the management team retaining a significant ownership stake in the LV Care Group going forward. The transaction also…
Voisin Law has advised Raag Hotels Limited, which owns the Point A Hotel business comprising of 10 properties in London, Glasgow, Edinburgh and Dublin on the Jersey law aspects of the sale of its shareholding to Tristan Capital Partners in a £420,000,000 transaction, with Queensway (as the hotel operator, asset manager and development partner),…
Conversations about estate planning are usually fairly unpopular around the dinner table however, it is really important to be discussing these things with your loved ones particularly in respect of your digital legacy now that we live more of our lives online. According to the iCloud terms of service, a…
Voisin Law is delighted to announce the appointment of a new Partner. Chris Le Quesne has been promoted, bringing the total number of Partners at the island’s oldest law firm to 9. Chris is part of Voisin’s Commercial Department and works on a range of company, trust and commercial matters,…
The phasing out of the London Interbank Offered Rate (“LIBOR”) has been on the cards for a number of years, especially in view of the LIBOR scandal following the 2008 financial crisis. On 27 July 2017, Andrew Bailey, then the Chief Executive of the FCA, informed market participants that they…
Amid the current global challenges, Voisin Law LLP is delighted to announce the appointment of Daniel Walker as a partner in the banking and corporate team. Daniel joined Voisin’s bursary scheme in 2005, before taking up a position as a trainee solicitor in 2006. He has a wide practice area,…
Voisin Law is pleased to notify clients that we will be trading as ‘Voisin Law LLP’ effective 26th November 2020, when we will become a limited liability partnership registered under the Limited Liability Partnerships (Jersey) Law 2017 (the “LLP Law”). Registered number 108. From that date Voisin Law LLP will…
What is this? On 3 November 2020, the Island’s regulatory authority, the Jersey Financial Services Commission (the JFSC) published a consultation paper in connection with fees the JFSC proposes to charge for Registry related services with effect from 1 January 2021 (the Consultation Paper). The Consultation Paper has been published…
Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 The Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 (“FSDL”) has been registered by the Royal Court and the FSDL, together with the accompanying Financial Services (Disclosure and Provision of Information) (Jersey) Regulations 2020 (the “Regulations”), will come…
What is it? A cash box structure or placing is a method used by a plc to raise funds quickly from institutional investors. It is a cheaper method of raising funds than a more traditional placing of shares, rights issue or plain vanilla debt financing. Why use one? The principal…
One of the consequences of the current financial climate caused by the recent pandemic is that the question of solvency will become a more frequent consideration when examining the viability of a business going forward. For the purposes of the Bankruptcy (Désastre) (Jersey) Law 1990 (the “Bankruptcy Law”) and the…
By Emma
The States have approved the appointed day act for the Employment (Amendment No.11) (Jersey) Law 2020 which will introduce extended rights for parents in the workplace from 28 June 2020. Maternity, parental and adoption leave is now referred to as parental leave and is extended to 52 weeks of which…
https://irglobal.com/file/8add53a0a483b7a2279e8f9b91041677.pdf QUESTION ONE With recent data protection legislation across different jurisdictions, companies are now being held to account regarding their use of personal data. Will this result in a more litigious culture for companies and what does this mean for boards? Jersey has closely aligned itself to the United Kingdom’s…
By Emma
The Social Security Minister has sought approval from the States Assembly for the family friendly Employment Law changes to come into force on 28 June 2020. The amended law which was approved by the States on 24 October 2019 entitles all new parents, including surrogates and adoptive parents, to 52…
