Our expertise combined with our dedication to honest and realistic advice means that we are ideally placed to guide clients through the complexities of the investigation and court procedures relating to recovery actions involving fraud and insolvency.
Our turnaround times can also make the difference between effecting a recovery and coming away empty-handed: for example, we recently secured a worldwide freezing order within 24 hours of being instructed. We have acted on a number of ground breaking enforcement cases which have shaped Jersey law in relation to issues of disclosure, Mareva relief and Norwich Pharmacal orders.
We bring to the table an honest assessment of merits based on our considerable experience of appearing before the Jersey Courts, so that our clients can make informed decisions at each stage of the process. Our team works extremely hard to achieve the results that matter for our clients.
For example, we recently acted in the ground-breaking Re Z Trusts case concerning two “insolvent” trusts ( JRC 031, 196C and 214). This case defines (1) the duties of trustees dealing with apparently insolvent trusts; (2) the competing rights of creditors and beneficiaries; and (3) the fetters on fiduciaries’ (including protectors’) powers that arise.
We also acted for ENRC in relation to enforcement of a US$65 million judgment debt against a Jersey company. Having secured the debt by way of a worldwide freezing order, we successfully obtained supplemental disclosure of third party agreements to police the injunction, the first case of its kind in Jersey ( JRC 217).