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Jonathan Addo
Jonathan Addo
  • Jonathan Addo

  • Partner
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Jeremy Child
Jeremy Child
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Julie Engwirda
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Peter Ferrer
Peter Ferrer
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Claire Goldstein
Claire Goldstein
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Hazel-Ann Hannaway
Hazel-Ann Hannaway
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Nick Hoffman
Nick Hoffman
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Andrew Johnstone
Andrew Johnstone
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Paula Kay
Paula Kay
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Phillip Kite
Phillip Kite
  • Phillip Kite

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Vicky Lord
Vicky Lord
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Paul Madden
Paul Madden
  • Paul Madden

  • Partner
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Henry Mander
Henry Mander
  • Henry Mander

  • Partner
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Ian Mann
Ian Mann
  • Ian Mann

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William Peake
William Peake
  • William Peake

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Lorinda Peasland
Lorinda Peasland
  • Lorinda Peasland

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Chai Ridgers
Chai Ridgers
  • Chai Ridgers

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Nicola Roberts
Nicola Roberts
  • Nicola Roberts

  • Partner
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  • Singapore
Paul Smith
Paul Smith
  • Paul Smith

  • Partner
  • Cayman Islands
Andrew Thorp
Andrew Thorp
  • Andrew Thorp

  • Partner
  • British Virgin Islands
Jessica Williams
Jessica Williams
  • Jessica Williams

  • Partner
  • Cayman Islands
Jayson Wood
Jayson Wood
  • Jayson Wood

  • Partner
  • Cayman Islands

JIN Guidelines adopted in Bermuda – first Offshore Court to do so

Hot off the press: Bermuda is the first of the Offshore jurisdictions to implement the JIN Guidelines. 

Impressive professional, judicial and regulatory cooperation has led to the swift implementation of the Guidelines, by way of a Practice Direction.  The swift implementation is a significant show of support and shows the jurisdiction’s willingness to engage with cutting edge case management techniques. In October 2016, the Guidelines were commended by Harneys to all three of the Offshore jurisdictions: Bermuda, Cayman Islands and the BVI.  Will the other jurisdictions catch up? The JIN Guidelines are to be commended as providing a framework of best practice to enhance key aspects of communication and cooperation among courts, insolvency representatives, and liquidation/restructuring stakeholders. The ultimate result will be to drive efficiency and transparency into cross-border insolvency proceedings which in turn will reduce costs for the parties.

Importantly, the Guidelines are not proposed to be implemented as a code which must be obsequiously followed. Rather they will be introduced as practice directions or commercial guides, thereby retaining sufficient flexibility to allow tailoring to the facts of any given fact scenario. The Guidelines, with some modifications have been formally adopted in Delaware, through rule 9029-2 of the new local rules for the United States Bankruptcy Court for the District of Delaware, and Singapore by way of a Registrar’s Circular, published on the Singapore Supreme Court website.

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