Trustee Knowledge Series: Advanced Paper Six: Overview of protectors 'ad serviendum ac protegendum”
Part of our series of Trustee Knowledge Papers, set out to be a useful reference guide for all levels of Trust company administration; from junior administrator to director. This is the sixth publication of the Advanced series.
A Time Of Regeneration: Bermuda Can Bounce Back Better
Bermuda’s economy is a mixed bag of emerging opportunities and specific challenges. But if all sectors work together, it has an opportunity to build back better, say experts from a diverse range of sectors in the General Economy Roundtable.
A Rising Tide: And Ships Are Choosing Bermuda
Bermuda must remain innovative, nimble and wary of too much regulation to stay ahead of the game, according to a panel of experts in this captive roundtable.
As the ILS market continues to innovate and evolve, driven by external forces including ESG, it will stay at the forefront of the Island’s future developments, a panel of experts concludes in this ILS Roundtable.
Notaries, E-Apostilles and Technological Changes
Notaries form the oldest branch of the legal profession. Their origins can be traced back to the Roman times. At that time, most people were illiterate and therefore merchants and traders needed someone to record what had been agreed.
Three key changes to note under the new hkex listing regime for overseas issuers
The HKEx will adopt all proposals with minor revisions with effect from 1 January 2022.
Americas Restructuring Review 2022
This chapter discusses the defining features of Bermuda’s insolvency landscape and the primary insolvency and rescue procedures available under Bermuda law, including compulsory liquidations and schemes of arrangements. The restructuring of Noble Group Limited is presented as a case study, to illustrate the use of provisional liquidation to facilitate a restructuring via a scheme of arrangement. The chapter also reviews the role of the Bermuda court in cross-border insolvencies and the creditor-friendly nature of the insolvency regime in Bermuda.
A growing hub for the life sector
Bermuda has become a flourishing focal point for long-term insurance and reinsurance, offering the Island’s economy an increasingly lucrative pillar. Brad Adderley, partner at law firm Appleby, explains what it means for Bermuda.
Provisional liquidation in Bermuda and the selection of provisional liquidators
In the absence of a formal equivalent to English administration proceedings or U.S. Chapter 11 proceedings, Bermuda has developed its own unique restructuring regime through the use of provisional liquidation.
Cryptocurrencies and estate planning
When a person dies having made a will, their personal estate is transferred to their personal representatives and thereafter to the person, or people, who have been named as beneficiaries, once the administration of their estate is complete.