Ogier provides Jersey law advice to Intu regarding shopping centre acquisitions
Ogier has assisted Intu Properties as to matters of Jersey law relating to the structuring of its acquisition of a 50 per cent interest in Merry Hill shopping centre and 100 per cent interests in Derby shopping centre and Sprucefield retail park in the UK from Westfield for a total purchase price of £867.8m.
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Decisions over the past 12 months will provide considerable comfort to those concerned about exposure to clawback action.
The High Court of England and Wales may refuse to exercise its discretion to wind up companies incorporated abroad where there would be little likelihood of the petitioners deriving benefit from the winding-up.