Wednesday, April 20, 2011
Bedell Cristin partner Mark Dunlop has written the first comprehensive book to deal with Jersey company law. In 30 chapters and running to over 600 pages, 'Dunlop on Jersey Company Law' looks in detail at all relevant legislation and comments on the leading Jersey company law cases.
"Before the publication of this book, there was no comprehensive textbook on Jersey company law,” explained Dunlop. “I was therefore keen to fill the gap and provide an all-encompassing ‘bible’ for company directors, shareholders, lawyers and students alike. I very much hope that people will find my book easy to use and that it will enable them to access the information they need – from legislation on takeovers and mergers to the latest laws on the maintenance of share capital.”
The book has received commendation by Michael Birt, the Bailiff of Jersey, who said that: "I am pleased to commend the first edition of 'Dunlop on Jersey Company Law' to the many [with] an interest in the subject. The book is a comprehensive and valuable work on Jersey company law and examines in detail the Companies (Jersey) Law 1991 and related statutes. It also comments very helpfully on the leading Jersey cases on company law as well as those English cases incorporated into Jersey law. As the only comprehensive textbook to be published on Jersey company law, I am sure it will be of great assistance to lawyers, bankers, accountants, directors and regulators and generally all those who work in Jersey's finance industry”.
The book comments on the different types of Jersey company (including cell companies), the incorporation of Jersey companies, the taxation of Jersey companies, the capacity and authority of Jersey companies, the migration of Jersey companies, schemes of arrangement relating to Jersey companies, the merger of Jersey companies and the takeover of Jersey companies. Other key chapters consider the functions and operation of the board of directors, the duties of directors, the remedies that are available for breach of duty by directors and the disqualification of directors. There are also key chapters which consider unfair prejudice applications and the just and equitable winding up of Jersey companies. The share capital of Jersey companies is also considered in detail with chapters devoted to shares, share capital, share classification, prospectuses and the maintenance of capital. The book also considers in detail both the solvent and insolvent winding up of Jersey companies.