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1
The Bermuda LLC: A Cost-Effective And Flexible Vehicle For Private Equity
Bermuda's LLC legislation, introduced in 2016, was closely modelled on Delaware's LLC statute.
Bermuda
18 Oct 2019
2
Now Possible To Inspect A List Of Company Director Names And Limited Liability Company Manager Names
The Companies (Amendment) Law 2019, which was published on 8 August 2019, introduces a new section 55A to the Companies Law (2018 Revision) which came into effect on 1 October 2019.
Cayman Islands
8 Oct 2019
3
The Companies (Amendment) Law, 2019
The deadline for compliance with the above requirement is six months after the date of the commencement of the Amendment Law.
Cayman Islands
4 Oct 2019
4
Chambers Private Wealth 2019: Bermuda (2019)
In Bermuda there is no income or profits tax, withholding tax, capital gains tax, capital transfer tax or inheritance tax.
Bermuda
4 Oct 2019
5
The Aviation Law Review
Bermuda is an overseas territory of the United Kingdom. As such, the Register of Aircraft is governed by a UK statute, the Air Navigation (Overseas Territories) Order 2013 (ANOTO).
Bermuda
3 Oct 2019
6
CLOs: Ongoing Battle With Regulatory Scrutiny
As the CLO market continues to thrive this year in both the EU and US lawmakers and regulators continue to express concern over systemic risk within CLOs.
Cayman Islands
23 Sep 2019
7
Redemptions From Fraudulent Investment Funds
The collapse of an investment fund affected by a fraud will often lead to disputes between the investors who were paid out before the discovery of the fraud, the investors who gave notice to redeem ...
British Virgin Islands
20 Sep 2019
8
Aviation Financing & Leasing
There are no taxes or duties payable as a consequence of the execution of an aircraft or engine sale agreement (including for the sale of an ownership interest in an entity) where the asset is either located physically ...
British Virgin Islands
20 Sep 2019
9
Aviation Financing & Leasing – Bermuda
No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and one of the parties is a local Bermuda company, ...
Bermuda
20 Sep 2019
10
Conyers Secures Trial Win For Major Shareholder
In a judgment handed down by the British Virgin Islands High Court on 25 July 2019, Renaissance Ventures Ltd and another were awarded rectification of the share register of a billion dollar corporate group, Comodo Holdings Ltd.
British Virgin Islands
18 Sep 2019
11
Updates To Bermuda's Insurance Act Aim To Encourage Innovation
Amendments to the Insurance Act 1978, which became operative on 5 August, have introduced two new classes of insurer and a new category of insurance intermediary.
Bermuda
6 Sep 2019
12
Establishing Economic Substance In The BVI
Under the ES Act, "legal entities" carrying on a "relevant activity" need to establish economic substance in the BVI.
British Virgin Islands
6 Sep 2019
13
New BVI Commercial Court Judges Confirmed
As the new legal year begins, Conyers is pleased to note that the BVI Commercial Court has confirmed the appointment of the following Judges:
British Virgin Islands
5 Sep 2019
14
Court Of Appeal Affirms That Confidentiality Orders Should Be Rare
The Court of Appeal strongly disagreed with this logic and ordered that the appeal should in any event be public.
Bermuda
26 Aug 2019
15
British Virgin Islands – Law And Practice
There are no restrictions on foreign lenders financing an aircraft locally, nor on borrowers using the loan proceeds.
British Virgin Islands
23 Aug 2019
16
Bermuda – Law And Practice
Whether such title transfer includes all installed parts (like an APU) would depend on the terms of the contract.
Bermuda
23 Aug 2019
17
Reflecting On Reflective Loss
The common law principle of reflective loss has been judicially described as a "perplexing and developing area".
Cayman Islands
29 Jul 2019
18
Important Cayman Islands Securities Investment Business Law Changes
The Cayman Islands Securities Investment Business Law (2019 Revision) has been amended by the Securities Investment Business (Amendment) Law, 2019 to, amongst other things, require certain "excluded persons" ...
Cayman Islands
24 Jul 2019
19
Bermuda Public Companies Update – July 2019
The first half of 2019 saw a notable slow-down in global market activity from the same period last year.
Bermuda
19 Jul 2019
20
Gross Negligence Revisited
This has included auditors, administrators and custodians, as well as persons serving as independent directors.
Cayman Islands
12 Jul 2019
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