Bermuda: Financial Restructuring

Bermuda offers sophisticated restructuring and insolvency procedures that prioritize creditor interests while providing flexible solutions for distressed companies. The jurisdiction features provisional liquidation as a debtor-in-possession mechanism, schemes of arrangement for court-supervised reorganizations, and clear security enforcement rights that make it an attractive destination for cross-border restructurings.

Bermuda, like a number of other jurisdictions, has a statutory regime to facilitate corporate restructurings by enabling majority shareholders to "squeeze out" minority shareholders through an amalgamation or merger...

While protectors are now widely encountered in offshore trusts, until now the legal relationship between protectors and trustees has not been the subject of substantive legal enquiry.