Guernsey has seen its share of companies in financial difficulty after the crisis, but choosing the most advantageous jurisdiction for insolvency proceedings isn’t always obvious. Carey Olsen’s David Jones and Sophia Harrison report
As a result of the ongoing and deepening global financial crisis and the collapse of a number of heavyweight financial institutions, Guernsey has witnessed an increasing number of companies experiencing financial difficulties and being forced to consider entering a formal insolvency process.
