Our Jersey Banking team advises on security packages as part of pre-deal structuring and fee quoting, including advising on questions of Jersey law in respect of security should be taken in respect of Jersey entities (and their assets) in the borrower group, how that security is taken and what registration and perfection steps are required.
This document summarises the relevant points under the Security Interests (Jersey) Law 2012, and explains Jersey's modern, flexible regime for taking security over intangible moveable property such as shares, units, bank accounts and contractual rights.
Click to view advisory