Jersey law now has a statutory process which allows certain companies to be split into two or more companies thanks to the introduction of the Companies (Demerger) (Jersey) Regulations 2018. The regulations provide a useful alternative to a court-sanctioned scheme of arrangement (and other non-statutory demerger processes) - provided that certain conditions are met.
Partners Guy Westmacott and Mark Dunlop take a closer look at the regulations. Please click here to read more.
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