Letters of request — insolvent Jersey companies and UK administration
On 9 April 2013, Mann J refused an application by HSBC Bank Plc pursuant to a letter of request for assistance issued by the Royal Court of Jersey on 28 February 2013 seeking the appointment of administrators over Tambrook Jersey Ltd. Tambrook is incorporated in Jersey but its only assets are in the UK.
The request for assistance from the Jersey Court was based on section 426(4) of the Insolvency Act 1986 and in issuing the letter the Jersey Court noted that “it is settled law that this Court has jurisdiction to issue a request to the English Court, it being recognised that Jersey Insolvency Law does not make provision for the flexibility offered by the administration process.” Mann J held that as there was no Jersey insolvency proceeding on foot, “and no intention on the part of anyone (apparently) to start one” it was not possible for the English Court to see how the Royal Court is “assisted” for the purposes of 426(4)…
If you are registered and logged in to the site, click on the link below to read the rest of the Mourant Ozannes briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Mourant Ozannes
News from The Lawyer
Briefings from Mourant Ozannes
From 1 January 2015 the qualifying period in respect of the right to claim unfair dismissal will change in Jersey for certain employees.
Limited partnerships are governed by the Limited Partnerships (Guernsey) Law, 1995, as amended.