A common tactical ploy by defendants in international disputes is to argue that whichever court they find themselves before should defer making a decision until a court in another jurisdiction has heard the matter. Sometimes it is just in the hope of putting things off...
Stoneham v Fraser [2020] SC (Bda) 92 Civ. (29 November 2023) In November 2023 the Supreme Court of Bermuda (Mussenden J) delivered judgment in a case involving testamentary capacity and undue influence in the context of an estates dispute - an area in which we anticipate...
On 28 July 2023, judgment was handed down judgment in an application by the joint provisional liquidators (“JPLs”) of Northstar Financial Services (Bermuda) Ltd. and Omnia Ltd. (together the“Companies”) to resolve questions regarding the operation of segregated accounts. The use of segregated accounts in Bermuda is...
At the end of 2022, we foreshadowed in a prior article this seminal ruling of the Privy Council concerning the broader question whether certain underlying “matters” to a winding up petition could be made subject to arbitration in the context of a shareholder dispute. We have...
MJM has acted as Bermuda counsel to Eurazeo on its £355 million investment in BMS Group, including a number of BMA-regulated Bermuda companies. Completion of the transaction was announced by Eurazeo on 28 September 2023. Eurazeo is a French private equity and venture capital firm listed on...
In 2023, the 2021 Economic Investment Certificate and Residential Certificate policies were revised and combined to create a single policy known as the Economic Investment Residential Certificate (EIRC) Policy, which came into effective on 31 March 2023. The EIRC policy provides a pathway for non-Bermudian...
There is a growing global context within which the board of directors of large corporates are starting to be challenged, both in boardrooms and in the courts, concerning company policy and execution surrounding climate change related objectives. More particularly, the most recent high-profile example is that...
Jeremy Leese is a director of MJM Limited and head of the corporate and finance department. Jeremy’s practice focuses on corporate finance, mergers and acquisitions, ship and asset finance, banking, capital markets, project finance, international real estate finance and corporate reorganisations, as well as regulatory...