Bermuda Law Blog

De Waal Nigrini

In addition to MJM Limited’s (“MJM”) market-leading international corporate finance practice, MJM has also been active in a variety of local transactions, the most notable of which related to: The Bermuda L.F. Wade International AirportThe Airport Redevelopment Project proposed by the Government of Bermuda will see the construction of a new state-of-the-art...

Brian Holdipp

Following on from the Government’s commitment to harmonize Bermuda’s economic substance regime with that of other major offshore jurisdictions, the Economic Substance Amendment (No. 2) Act 2019 (the “ESA Amendment Act”) was tabled on 29 November 2019. The ESA Amendment Act, together with anticipated revised Economic Substance Regulations (the “Regulations”, which it is understood should...

Jennifer Haworth

In May 2017, MJM obtained an order for possession and sale on behalf of HSBC Bank Bermuda Limited (the “Bank”) in respect of a mortgaged property owned by two guarantors following the default by the borrower. Approximately, one year later, after the Bank had actual possession of the property, the...

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