Assisting Baccata, a Jersey trust company, in the re-structuring
of a group of companies (Jersey, BVI and Guernsey) held in a Jersey
trust, which hold a significant amount of prime London property.
Some of the companies in the group are at risk of insolvency, and
so on considering all appropriate laws local to the seat of the
companies in question, the group has been streamlined and re-shaped
with assets and liabilities relocated, and some subsidiaries
created. Share sale and purchase agreements and loan
re-financing documents have been produced.