Bidzina Ivanishvili (BI) was a successful businessman and former Prime Minister of Georgia. From 2005, he invested more than USD 1 billion with Credit Suisse Life (Bermuda) Limited (CS), a member of the Credit Suisse group. The primary allegation in the case was that BI’s...
Internationally recognized law firm, MJM Limited, is pleased to welcome attorneys Nicole Cavanagh and Tanisha Butler. Nicole and Tanisha join the firm’s Matrimonial & Family Law practice in the Dispute Resolution Team. Nicole Cavanagh joins as a Senior Associate leading the Matrimonial & Family Law practice. ...
A judgment was handed down in the above case on 7th June 2022. The Wife’s application for ancillary relief had been heard over two days in the Supreme Court by the Registrar some three months earlier. The parties married in 1997 and divorce proceedings had been...
By Arno Duvenhage and Jennifer Haworth The recent judgment of the Bermuda Court of Appeal in The Hongkong and Shanghai Banking Corporation Limited v NewOcean Energy Holdings Limited [2022] CA (Bda) 16 Civ, illustrates an ongoing tug of war in Bermuda when interpreting and applying the principles...
Internationally recognized law firm, MJM Limited, is delighted to welcome Arno Duvenhage and Michael (Mike) Goulborn to the Dispute Resolution team. Arno Duvenhage joins the firm as a Senior Associate. He qualified in South Africa (2014) and England and Wales (2020). Arno is an experienced...
On 15 and 16 November 2022 in the Cayman Islands, the Privy Council (the “PC”) sitting for the first time in an Overseas Territory of the United Kingdom, heard an appeal from the Cayman Islands Court of Appeal in the case between Family Mart China...
The enactment of The Stamp Duties Amendment Act 2022 (“SDAA 2022”) earlier this year, amending the provisions of, inter alia, Head 31 of the Stamp Duties Act 1976 (“SDA 1976”), brought a welcome cost saving to those wishing to refinance an existing mortgage where the...
By Allan Doughty and Jennifer Haworth On 25 July 2022, in the matter of Ivanashvili v. Credit Suisse Life (Bermuda) Limited, Chief Justice of the Supreme Court of Bermuda, Mr. Narinder Hargun handed down a ruling which clarified what a successful party must demonstrate in order...