OverviewThe 2022/2023 Budget Statement (“Budget”) was presented by Premier and Minister of Finance, David Burt, (the “Premier”) in the House of Assembly on Friday, 25 February 2022. The Budget does not set out any major changes to the system of taxation or the Government’s planned...
Internationally recognized law firm, MJM Limited, is pleased to welcome Mark Adams to the firm’s Corporate & Finance Team as a Senior Associate. Mark qualified in England and Wales in 2002 and has extensive international experience which includes corporate finance, M&A, advisory, restructuring, venture capital, asset...
MJM Limited is pleased to announce that international law firm rating agency, Chambers and Partners has once again recognised its Dispute Resolution and Corporate & Finance Teams. Within the highly competitive practice areas of Corporate & Finance and Dispute Resolution, both MJM teams achieved strong Band...
In the recent decision In the Matter of the X Trusts [2021] SC (Bda) 72 Civ (7 September 2021)Assistant Justice Kawaley provided guidance regarding the role of the protector in offshore trusts. The judgment arose against the backdrop of a previous Public Trustee v Cooper blessing...
Last year the Immigration and Protection Act 1956 (“the Act”) was amended by the Bermuda Immigration and Protection Amendment Act 2020 (commonly known as the “Repatriation & Mixed Status Families” Bill) (“the 2020 Amendments”). The aim of these amendments was to address some of the uncertainty...
2021 has seen a global resurgence in the issuance, trade and practical use of digital assets. Projects leveraging the use of distributed ledger technology (DLT) have increased exponentially this year, as more and more businesses recognise the advantages offered by the use of (predominantly) decentralised,...
For over 50 years, Bermuda has been a jurisdiction of choice for shipping groups from an incorporation and a financing perspective. The shipping market in Bermuda has been characterised by a number of listings of Bermuda-incorporated shipping and shipping-related companies on the Euronext NOTC, Euronext Expand...
The Cannabis Licence Act (the “CLA”) was passed by Bermuda’s lower house of parliament in February 2021. However, it was sent back to the House of Assembly after Bermuda’s upper house, the Senate, voted against the bill in March 2021. The rejection of the CLA...