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Tel: +1441 441 296-9276
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Bermuda
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By Mark Chudleigh, Nick Miles
Bermuda maintains its position as one of the world's leading centres for insurance and reinsurance. Almost all global (re)insurers and brokers have a Bermuda presence providing much needed capacity and services to corporate insureds, ceding insurers and self-insured entities.
By Mark Chudleigh, Lewis Preston
This means that clients of Cayman Islands' firms with foreign international offices cannot recover the fees of lawyers in those offices in relation to Cayman legal
By Mark Chudleigh, Roshan Sidhu
Trustees faced with a "momentous" decision concerning the affairs of a trust are well advised to seek prior sanction from their supervising court.
By Mark Chudleigh
The perception that the world's leading offshore financial centres are harmful "tax havens" that facilitate the avoidance of tax in onshore jurisdictions has led to intense pressure for OFCs to adopt onshore-led transparency ...
By Nick Miles
There have been recent changes for Bermuda companies in relation to the gathering and registration of beneficial ownership details and more changes are on the horizon, following a consultation on proposed amendments to the Exchange Control Regulations 1973.
By Matt Andrews, Mark Chudleigh, Alex Nurse
On 23 April 2018, judgment was handed down by the Privy Council in the long running dispute of Investec Trust (Guernsey) Limited and another v Glenalla and others.
By Nick Miles
On 31 July 2018, the Bermuda Monetary Authority published revised Bermuda Solvency Capital Requirement (BSCR) models and rules for commercial insurers.
By Nick Miles
Many Bermuda-registered companies are now subject to new beneficial ownership registration requirements by virtue of the Companies and Limited Liability (Beneficial Ownership) Amendment Act 2017, ...
By Alex Potts
The Rules of the Supreme Court of Bermuda 1985 do not yet contain any detailed rules, practice direction, or guidance specifically dealing with electronic discovery.
By Nick Miles
The substantive provisions of the Bermuda Personal Information Protection Act 2016 (PIPA) are expected to come into operation later this year.
By Nick Miles
The Insurance Amendment (No. 2) Act 2018 (the Act) has been passed in both the House of Assembly and the Senate and now awaits royal assent from the Governor.
By Mark Chudleigh, Neil Thomson
It is well recognised that a trustee has a right to retain trust assets from a beneficiary in order to meet proper trust expenses and future contingent liabilities.
By Mark Chudleigh, Caitlin Conyers
In Deslauriers v Guardian Asset Management Limited [09.11.2017] (on appeal from the Court of Appeal of Trinidad & Tobago), the Board of the Judicial Committee of the Privy Council considered whether the respondent, ...
By Alex Potts
2018 has already seen a number of important judicial appointments, and retirements, at the courts of the major offshore financial centres. The new appointments, however, contain many familiar names.
By Mark Chudleigh, Caitlin Conyers
Under the trusts laws of most commonwealth jurisdictions, where a court finds a trustee personally liable for a breach of trust, the court has discretion to relieve that trustee of personal liability...