The Registrar of Companies has issued notice that with effect from 30 January 2023, the Economic Substance Guidance Notes (the “Guidance Notes”) have been revised to implement guidance issued by the OECD Forum on Harmful Tax Practices in relation to entities making a claim to...
Introduction The 2023/2024 Budget statement was delivered by the Bermuda Premier and Minister of Finance, The Hon. E. David Burt, JP, MP, in the House of Assembly on Friday 17 February 2023. According to the Premier, also speaking at the Chamber of Commerce’s annual Budget Breakfast event...
Former Chief Justice of the Bermuda Supreme Court, Ian Kawaley was appointed to Bermuda’s Court of Appeal by Governor, Rena Lalgie, with the appointment to take effect in January 2023. Mr Justice Kawaley served as the Chief Justice from 2012 to 2018. He has been an...
As the sun sets on 2022, a judgment of the Supreme Court for Bermuda delivered on 25 February 2022: In the matter of Markel CATCo Reinsurance Fund Limited and CATCo Reinsurance Opportunities Fund Limited, serves as a good reminder of the efficacy and versatility of...
In 2020, winding up proceedings were issued in the Bermuda courts regarding Northstar Financial Services (Bermuda) Ltd (“Northstar”) and Omnia Ltd. Shortly therefor In a decision of the Supreme Court dated 26 August 2021, the Chief Justice, after reviewing the opinion of overseas counsel for...
PMC and VNL [2022] SC (Bda) 45 Civ This case involved an application by a father (“F”) for the return of his daughter (“C”) from Texas, USA to Bermuda. The case was heard by Mussenden J in the Supreme Court on 7 June 2022 with judgment...
As lawyers with a keen eye on human rights and family law, we have followed with interest the various cases involving same-sex partnerships and marriages in Bermuda. Our Director, Jennifer Haworth reported on the Bermuda Bred Company v The Minister of Home Affairs and the...
By Dan Griffin and Jennifer Haworth Last year, we noted that the Court of Appeal limited the scope of discovery required to determine the valuation of shares in amalgamating or merging companies in Bermuda. This year, in the same case, the Supreme Court refused an application...