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Abel Lyall

Abel Lyall

Guernsey
Partner

Iona Mitchell

Iona Mitchell

Guernsey
Associate

Changes to Guernsey's Insolvency Regime

[Dynamic date]

15 January 2020

Long-awaited amendments to company law in Guernsey should be in force soon. Guernsey's legislature, the States of Guernsey, has approved the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020. The new provisions will come into force on a date to be fixed, likely early this year. The amendments to the law are aimed at further improving and updating Guernsey's corporate insolvency regime.