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Walkers
The Digital Asset Business Amendment Act 2019 (the "DABA Amendment Act") was approved by the Bermuda Parliament on 2 October 2019.
BeesMont Law Limited
Data protection law in Bermuda is currently comprised of a complex set of sectoral law, regulator guidance and common law precedents established by the Bermuda courts.
Conyers
Bermuda's LLC legislation, introduced in 2016, was closely modelled on Delaware's LLC statute.
Kennedys Law LLP
At trial, the judge found that BOB had been guilty of gross negligence in its performance of the NAV calculations.
Appleby
We recommend seeking advice on policies well in advance of the 2019 Amendment coming into force.
Appleby
The Bermuda insurance market continues to set the standard for the global industry.
Appleby
The focus of this article is upon the firs of the trio.
Kennedys Law LLP
In a dispute between a beneficiary and a trustee, access to legal advice received by the trustee can be of paramount importance to the beneficiary's efforts to impeach the trustee's conduct.
Appleby
This article sets out the latest ES Legislation developments in these jurisdictions since the publication of our previous summary of such legislation on 14 May 2019.
Appleby
In the recent decision of Re C&J Energy Ltd and another the Supreme Court of Bermuda continued a line of judgments which establish the court's willingness.
Appleby
Commencing a claim in a court of summary jurisdiction, also known as the Magistrates' Court, is a relatively straightforward process.
Appleby
The market is moving in the right direction on rates but the landscape is becoming increasingly complex.
Appleby
Having taken some time out for introspection, Adderley believes that market players are going to return in due course with new ideas and more products in mind.
Appleby
Indeed, cyber's omnipresence across multiple lines of business has been forcing the industry to re-evaluate its traditional approach to risk.
Appleby
Whether the decision of the Employment Tribunal was wrong.
Walkers
The introduction of a new class of insurer in Bermuda, "Collateralised Insurers", is expected to be beneficial to both insurance-linked securities funds' and their investors, according to Sarah Demerling, Partner at law firm Walkers.
Kennedys Law LLP
A recent decision of the Hong Kong High Court, Moulin Global is a rare example of a director of a Bermuda company being held liable to the company for breach of duty.
Kennedys Law LLP
The enforcing party (CAT) argued that, having taken this approach, Priosma had forfeited its right to reargue the point before the Bermuda Court.
Conyers
In Bermuda there is no income or profits tax, withholding tax, capital gains tax, capital transfer tax or inheritance tax.
Conyers
Bermuda is an overseas territory of the United Kingdom. As such, the Register of Aircraft is governed by a UK statute, the Air Navigation (Overseas Territories) Order 2013 (ANOTO).
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Conyers
The first half of 2019 saw a notable slow-down in global market activity from the same period last year.
Walkers
The establishment and operation of investment funds in Bermuda ("investment funds" or "funds") is governed by:
Conyers
We are pleased to present this Global IPO Report detailing new listing activity involving Bermuda, BVI and Cayman Islands public companies listed on stock exchanges around the world during H1 2018.
Kennedys Law LLP
These should be good times for the captive insurance sector and for other self-insurance arrangements.
Walkers
Creditors should exercise caution when negotiating payment terms, asset transfers or securitisation transactions with companies which are in the zone of insolvency.
Kennedys Law LLP
Bermuda's Economic Substance Act 2018 (ESA) and Economic Substance Regulations 2018 (ESR) came into operation on 31 December 2018.
Conyers
Amendments to the Insurance Act 1978, which became operative on 5 August, have introduced two new classes of insurer and a new category of insurance intermediary.
Walkers
Creditors should exercise caution when negotiating payment terms, asset transfers or securitisation transactions with companies which are in the zone of insolvency. Such transactions are vulnerable
Appleby
New regulations in Bermuda, the British Virgin Islands (BVI) and the Cayman Islands came into force at the start of 2019
Kennedys Law LLP
The Code will help underpin the jurisdiction's claim to regulatory excellence and adherence to international standards.
Conyers
No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and one of the parties is a local Bermuda company, ...
Conyers
We are pleased to present the latest edition of our Bermuda Public Companies Update which features a recap of significant transactions involving Bermuda public companies listed on the NYSE and Nasdaq for the period of H2 2018.
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