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...
MJM Limited is pleased to announce that the international law firm rating agency, The Legal 500 has once again recognized its Banking, Finance and Capital Markets, Corporate and Commercial, Dispute Resolution and Real Estate teams. Within the highly competitive practice areas of Banking, Finance and Capital...
By Stephanie Maloney and Magdalena Grzybulska Sanctions aimed at Russia have been in place since 2014, following its annexation of Crimea and ongoing role in the destabilisation of eastern Ukraine. Sanctions were imposed in a coordinated move by the EU (of which the UK was a...
On 4 November, the Deputy Governor Tom Oppenheim (in the absence of the Governor Her Excellency Rena Lalgie) delivered the annual Throne Speech. This speech, in line with custom and tradition, marked the opening of a new parliamentary year and set out details of the Bermuda...
In a recent Supreme Court decision which will have general interest, a novel if eccentric attempt by a Defendant to swear an affidavit via a Zoom call was rejected. In, HSBC Bank of Bermuda Limited v Ambiance Holdings Ltd. & Carlton Simmons [2022] SC (Bda) 81...
Equity Trust (Jersey) Ltd (Respondent) v Halabi (in his capacity as Executor of the Estate of the late Madam Intisar Nouri) (Appellant) (Jersey) ITG Ltd and others (Respondents) v Fort Trustees Ltd and another (Appellants) (Guernsey) - Privy Council Appeal No 0199 of 2019 On 13...