The secured lending market is very familiar with structures involving Guernsey entities, including companies, limited partnerships and unit trusts to name but a few. Guernsey continues to be a popular and commercially attractive jurisdiction in which to establish investment funds, insurance and re-insurance structures as well as real estate and general asset-holding structures. These structures and entities are often involved in secured finance transactions. This advisory looks at the process of enforcing security interests created under the SIL as well as some practical considerations for those planning or taking enforcement steps in Guernsey.
Originally published May 14, 2020.