Managing trading for a trust management company is technically complex, needing insolvency experience and trust and estate practice qualifications. This firm could not meet ongoing regulatory and compliance requirements, so directors, the financial Regulator and Guernsey Royal Court appointed our Channel Islands team: fully experienced in restructuring. As the first administration of its kind in the CI, it needed close liaision between Administrators, the Regulator and other jurisdictions. The client portfolio is being moved to other management firms.
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