Carey Olsen Bermuda Limited > Hamilton, Bermuda > Firm Profile

Carey Olsen Bermuda Limited
Rosebank Centre, 5th Floor
11 Bermudiana Road
Pembroke HM 08
Bermuda

Bermuda > Corporate and commercial Tier 1

Carey Olsen Bermuda Limited is well-positioned to advise a wide array of clients on cross-border transactions. This offering encompasses advice on creating new commercial structures, M&A deals, private equity investments, restructurings, shareholder agreements, and corporate governance mandates. The team is jointly led by (re)insurance expert Gavin Woods, whose client base includes local, exempted, and permit and segregated account companies, Steven Rees Davies, who is highly experienced in corporate governance and regulation matters, and Matthew Grigg, who is skilled in work surrounding equity issuances and mandates relating to digital asset businesses. Michael FrithCharissa Ball, and Michelle Falcucci are also key members of the team.

Practice head(s):

Gavin Woods; Steven Rees Davies; Matthew Grigg

Other key lawyers:

Testimonials

‘The Corporate and Commercial practice of Carey Olsen Bermuda has professional, pleasant to work with and highly engaged, smart individuals. The team is incredibly responsive and has a wide depth and breadth of knowledge across many different corporate and commercial matters.’

‘The people are lovely to talk to and engage with, always providing their genuine thoughts and considerations and communicating clearly response times and when deliverables will be received.’

‘Carey Olsen seem to be very in touch with the market and their needs and have hosted a few events for clients specifically in-house, who don’t often get to attend industry events or connect with other colleagues.’

‘Michelle Falcucci is an absolute stand out and we were so pleased to see her promoted to Partner recently. Michelle is diligent and hardworking, seems to manage her team with ease, whilst also managing a very busy practice. Michelle exudes confidence and her time onshore in London sets her well ahead most of her peers within the market.’

‘Michelle Falcucci is an absolute pleasure to work with and we can always rely on Michelle to work through our legal matters in a sound and timely manner.’

Key clients

GIC Private

Hamilton Insurance Group

Paratus Energy Services

XBTO Global

Hamilton Insurance Group

Sega Sammy Creation

TriFi Bermuda

Mountain Holdings

BF&M

One Communications

Work highlights

  • Advised GIC Private Limited, a global institutional investor, on its acquisition of shares held by Cinven, the private equity firm, in the Miller Group, a leading independent specialist (re)insurance broker.
  • Advised Hamilton Insurance Group, Ltd., an insurance group regulated by the Bermuda Monetary Authority, on its initial public offering on the New York Stock Exchange.
  • Advised XBTO Global on its dual acquisition of Bermuda licensed digital asset businesses Stablehouse Ltd and XBTO International Ltd.

Bermuda > Dispute resolution Tier 1

Praised as ‘one of the best trust litigation teams’, Carey Olsen Bermuda Limited frequently acts for multinational corporations, ultra-high-net-worth individuals, banks and funds, insurers, and trade unions in cross-jurisdictional disputes involving multiple parties. Commercial and civil matters, employment-related disputes, and litigation surrounding trusts are all areas of expertise for the group. Regulatory disputes are also a growing area for the practice. Managing partner Michael Hanson jointly heads up the practice alongside 'powerhouse' Keith Robinson. Other notable team members include Kyle Masters, who boasts expertise in insolvency, regulatory, and compliance law, Sam Stevens, who is skilled in commercial litigation and arbitration, and Jay Webster who has a thriving immigration and employment practice. Claire van Overdijk KC is also a notable senior counsel.

Practice head(s):

Michael Hanson; Keith Robinson

Other key lawyers:

Matthew Watson; Kyle Masters; Sam Stevens; Jay Webster; Claire van Overdijk KC; Honor Desmond-Tetlow; Oliver MacKay

Testimonials

‘Carey Olsen’s unwavering availability and forward-thinking strategies to mitigate risks are truly exceptional. They consistently demonstrate a responsive and proactive approach, ensuring our issues and discussions are handled with the utmost diligence and foresight.’

‘Their commitment to being accessible at all times and their proactive stance not only address our immediate concerns but also anticipate potential challenges, making them an invaluable asset to our operations.’

‘Kyle Masters’ guidance as our lawyer has been invaluable. His deep understanding of our needs, coupled with his ability to direct us to the right specialists within the firm when we face specialized issues, has been crucial to our success. Kyle’s expertise and proactive approach ensure we always have the best resources and advice at our disposal, making our partnership with the firm seamless and highly effective.’

‘One of the best trust litigation teams I have dealt with. Great strength in depth for an island practice. Very approachable.’

‘Keith Robinson is a powerhouse. Knows his subject-matter inside-out and has a wealth of valuable practical experience. The best I have worked with in this sector. Claire van Overdijk KC has been a great addition to the team. Oliver MacKay is a highly diligent associate.’

‘The team possesses considerable skill in all sorts of disputes, including in particular company, insolvency and trust disputes.’

‘Keith Robinson is the team leader. He qualified as a barrister and spent many years practising from London Chancery Chambers before relocating to Bermuda. He has as a result enormous experience particularly in commercial chancery matters and is a very persuasive advocate.’

‘Claire van Overdijk KC took silk shortly after relocating to Bermuda having practised before then from London chambers. She is very astute and easy to deal with and also has considerable experience from her London practice of all sorts of commercial and chancery disputes.’

Key clients

White Rock Insurance (SAC) Ltd.

Aon

Mexico Infrastructure Finance LLC

Michael Morrison and Charles Thresh as Joint Liquidators of Par-La-Ville Hotel and Residences Ltd

Fidelity National Title Insurance Company

Bittrex Global Bermuda Limited

Bermuda Electric Light Company Limited

Trump Panama Hotel Management LLC

Trump International Hotels Management, LLC

My Pharmacy LLC

BCT Limited

Oasis Investments II Master Fund Limited

Attestor Value Master Fund LP

JetBlue Airways Corporation et al

Alcority Services Limited

Work highlights

  • Acting for Aon and a number of its subsidiaries, including White Rock, in what has been described in the press as ‘likely the largest fraud ever in the Bermuda (re)insurance market’.
  • Acting for Mexico Infrastructure Finance LLC, which was the lender to Par-La-Ville Hotel and Residences Ltd, in respect of a failed scheme to develop a hotel in Bermuda.
  • Advised Bittrex Global Bermuda Limited on all aspects of its relationship with the Bermuda Monetary Authority, including compliance, licensing, and other obligations, as BGBM worked closely with the BMA to develop a detailed wind-down plan with a view to protecting customers during the ceasing of operations of the business in Bermuda.

Bermuda > Insurance/reinsurance Tier 1

Carey Olsen Bermuda Limited expertly handles both contentious and non-contentious insurance-related mandates. This offering includes corporate, finance, and regulatory advice on the formation and licensing of insurers, transactional matters, and restructuring and winding-up proceedings. The team’s client base includes large (re)insurance companies, private equity firms, pension funds, and investment managers, as well as financial institutions and alternative capital providers. Corporate partner Gavin Woods chairs the department, while managing partner Michael Hanson and Keith Robinson lead the insurance-related disputes work. Senior counsel Michael Frith is experienced in the transactional and regulatory needs of insurance structures, and corporate and finance counsel Alexander Collis often assists with incorporations, M&A, and reorganisations and restructurings. Counsel Michelle Falcucci is also another notable name.

Practice head(s):

Gavin Woods

Other key lawyers:

Testimonials

‘The team is extremely responsive, very knowledgeable on local law, regulation and practice and strives to be as pragmatic as possible. The team has taken time to understand our business and is a pleasure to deal with. What sets the CO team apart from other firms on the island is their consistent responsiveness and willingness to engage.’

‘Pre-eminent litigation firm in Bermuda. Full service – from advisory corporate work to top flight litigation.’

‘Mike Hanson is Mr Bermuda. He knows everyone on the island, and their weaknesses. First class litigator.’

‘Kyle Masters: litigation partner and advocate. True court presence.’

‘Oliver MacKay: first class associate and really attentive to clients’ needs.’

‘Carey Olsen Bermuda provides a team with tremendous depth and experience across all practice areas. They are able to provide support across all areas of business, whether it be M&A, general corporate and ongoing investor and client engagement.’

‘Whilst Carey Olsen Bermuda appears to be committed to growth and development within the jurisdiction and has expanded at an impressive rate, their commitment to core values, such as diversity and inclusion, has not wavered. They host market events, with great insights and show a distinct willingness to engage with the market, understand the needs and develop products that meet those needs.’

‘I work primarily with Michelle Falcucci, who couldn’t be any better! Michelle is bright, commercial and always provides sound, yet commercial advice. Michelle is often receiving multiple, time pressured requests from our business and seems to manage them with ease.’

Key clients

White Rock Insurance

Aon

GIC Private

Easton Re

Ramble Re

Hamilton Insurance Group

Fidelity National Title Insurance Company

BF&M Limited

Work highlights

  • Acting for Aon subsidiary, White Rock Insurance, which was involved in a multi-billion-dollar fraud related to letters of credit used to collateralise reinsurance transactions.
  • Advised Hamilton Insurance Group, Ltd., an insurance group regulated by the Bermuda Monetary Authority, on its initial public offering on the New York Stock Exchange.
  • Advised BF&M Limited, an insurance company listed on the Bermuda Stock Exchange, on its strategic partnership with Equilibria Capital Management Limited, relating to the acquisition by BF&M of Equilibria’s c.30% stake in Argus Group Holdings Limited.

Bermuda > Regulatory and compliance Tier 1

Carey Olsen Bermuda Limited boasts ‘in-depth market knowledge’, as well as an ‘exceptional relationships with regulators’. Its offering is multi-disciplinary, with regulatory, employment, immigration, corporate, trusts, and dispute resolution lawyers working collaboratively on contentious and non-contentious regulatory and compliance issues across transactional and non-transactional mandates. This includes advice on establishing businesses and fulfilling ongoing regulatory obligations. Providing regulatory investigative support to financial institutions is another core area of activity. Dispute resolution partners Michael Hanson and Kyle Masters head up the practice alongside corporate partners Gavin Woods and Steven Rees Davies. Hanson has expertise in reputation risk and crisis management scenarios, and Masters heads up the regulatory enforcement and protect department. Woods is skilled in the licensing of new entities, while Rees Davies is notable for his experience in fin-tech and digital assets regulatory matters. Matthew Watson is the latest addition to the team, having joined from Cox Hallett Wilkinson Limited in June 2023.

Practice head(s):

Michael Hanson; Kyle Masters; Gavin Woods; Steven Rees Davies

Other key lawyers:

Michael Frith; Ashley Fife; Charissa Ball; Alexandra Fox; Matthew Watson

Testimonials

‘In-depth market knowledge, exceptional relationships with regulators and a commercial application to regulatory and compliance that is rare to find.’

‘Kyle Masters is sharp with exceptional attention to detail, holds incomparable relationships with government and regulators that provides insight that you cant buy. Brilliant, responsive and committed.’

‘Michael Hanson oozes credibility, the only person in Bermuda you want to head up serious or complex regulatory and compliance matters. Responsiveness is off the charts. When he speaks, the regulators will listen. Savvy, commercial and no nonsense but also an absolute pleasure to work with.’

‘Very progressive firm with wide range of expertise and experience levels. Service levels consistently good and pragmatic approach taken to legal issues and challenges.’

‘Gavin Woods and his team are very experienced and reliable in the provision of advice and support on legal transactions. Gavin is commercially aware and solution oriented in the conduct of this practice.’

‘Charissa Ball has been very helpful to our team, able to analyse legal issues and provide commercial, practical advice. She is also readily available for discussion and has a friendly and professional demeanour.’

‘They are readily available to discuss and help push out new regulatory applications.’

Key clients

Alcority Services Limited

Annuity & Life Re Limited and Pope Asset Management LLP

Aon Insurance Co

BCT Limited

Bermuda Captive Network

Bermuda Electric Light Company Limited

Cactus Limited

Chard Re Investment Management

Fidelity National Title Insurance Company Limited

Fortitude Re

Granville Technology Group Limited (In liquidation)

Hiscox

JetBlue Airways Corporation

Mexico Infrastructure Finance LLC

NewOcean Energy Holdings Ltd

OT Computers Limited (In liquidation)

RenaissanceRe Holdings

SiriusPoint

Teneo Bermuda

Transocean

Trump Panama Hotel Management LLC

Trump International Hotels Management, LLC

VMT Limited (In liquidation)

Waterloo Investment Holdings

World on Wireless Ltd (Joint Provisional Liquidators of World on Wireless Ltd)

Work highlights

  • Acting for Aon and a number of its subsidiaries, including White Rock, in what has been described in the press as ‘likely the largest fraud ever in the Bermuda (re)insurance market’ and what has become known in the industry as the ‘Vesttoo fraud’.
  • Advised Bittrex Global (Bermuda), a global crypto currency exchange, licenced in the US, Liechtenstein and Bermuda on matters following the board’s determination I n 2023 that it was in the interest of all parties to wind-down operations.
  • Advised the Bermuda Medical Doctors Association on a strategy to oppose proposed amendments to the Bermuda Health Council Act which intend to allow the Bermuda Health Council the power to demand patient and other financial information in order to satisfy a direction of the Minister of Health.

Bermuda > Trusts/private client Tier 1

For Carey Olsen Bermuda Limited, contentious and non-contentious trusts and private wealth matters are core areas of focus, and the practice is praised by one client as ‘exceptionally strong in dealing with international complex trusts, wealth and succession planning’. Its client base is broad ranging and encompasses ultra-high-net-worth families and professional and lay trustees, as well as banks, financial institutions, and charities. Practice head Keith Robinson is widely recognised as a ‘go-to adviser in Bermuda for complex international trust matters’, and he has represented clients before the Supreme Court of Bermuda. Senior counsel Claire van Overdijk KC boasts expertise in cross-border trusts and estates disputes, while counsel Stephanie Bernard is skilled in international and local estate planning arrangements, wealth management structures, and trust restructurings. Counsel Ashley Fife is a trust structuring expert, and litigator and counsel Oliver MacKay is another name of note, as is the ‘simply brilliant’ senior associate Laura Kearns, who has expertise in the establishment and ongoing administration of trusts.

Practice head(s):

Keith Robinson

Testimonials

‘Keith Robinson, Laura Kearns, Ashley Fife and Stephanie Bernard are all outstanding to work with, they always provide solutions that meet the exact needs of my clients or provide documentation and advice that are of the highest quality and standard. They are also very quick and efficient which is a great plus in this industry.’

‘Keith Robinson and Stephanie Bernard are both excellent lawyers, quick to respond, practical and thorough. It is also extremely helpful that the team is connected seamlessly with its Cayman team as it is often the case that issues come up in both jurisdictions and it is so helpful to take advantage of the seamless service Carey Olsen offer.’

‘The team are exceptionally strong in dealing with international complex trusts, wealth and succession planning. They stand out for being highly collaborative, solutions oriented and for being able to develop long-term trusted adviser relationships with their clients. Not only are they exceptional on advisory work but are also extremely strong on contentious matters.’

‘Keith Robinson is without doubt my go-to adviser in Bermuda for complex international trust matters. Keith is exceptionally intelligent, highly commercial and a formidable strategist, but wears his knowledge lightly. He is a natural problem-solver with a keen eye for detail and collaborative style on advisory matters.’

‘Laura Kearns is simply brilliant. She is incredibly knowledgeable and extremely capable when it comes to handling significant international trust matters. Laura is very astute, cuts through complex technical matters and delivers pragmatic solutions. She is highly focused and a great pleasure to work with.’

‘Ashley Fife is that ideal combination of clever, practical and focused on solving problems. He is a joy to work with.’

‘We have worked closely with Keith Robinson and Laura Kearns on many issues affecting trusts governed by Bermuda law. We have found them both a joy to work with. They are efficient at dealing with questions and offer practical and sensible advice. Our go-to people on all trust issues in Bermuda.’

‘Keith Robinson is hugely experienced in trust matters, whether it is advising on making an application to the Bermuda court or setting up a complex trust structure. He is a team player. Clients value him for his clear, pragmatic and commercial advice. Laura Kearns is a more junior member of the team but again, we have found her to be efficient in dealing with questions and provides clear and commercial advice.’

Key clients

BCT Limited

Lauretta Stoneham

Work highlights

  • Advised BCT Limited on a matter concerning a very substantial Bermuda trust (worth US$billions) of which a US resident beneficiary has been embroiled in what the press have called the ‘largest ever tax evasion case against an individual in the US’.
  • Represented Lauretta Stoneham in proceedings in the Bermuda Supreme Court concerning Ms Stoneham’s late mother’s estate, and brought an application seeking to set aside the last two Wills made by Ms Stoneham’s mother on the basis that the deceased lacked testamentary capacity and that they were executed under the undue influence of the deceased’s son.

Bermuda > Banking, finance and capital markets Tier 2

Global financial institutions, (re)insurance companies, private equity firms, pension and investment funds, and companies active in the energy, telecoms, fin-tech, and digital asset industries form the expansive client base of Carey Olsen Bermuda Limited‘s corporate and finance department. Its offering includes assistance with acquisition, insurance, structured, and real estate financing mandates, bilateral and syndicated lending, and restructuring and refinancing matters. It is also experienced in capital market transactions, including equity issuances and listings. The department is jointly led by (re)insurance expert Gavin Woods, fin-tech and digital asset specialist Steven Rees Davies, and  Matthew Grigg, who is skilled in structured finance and securities issuances. Other key members of the team include senior counsel Michael Frith, and counsel Charissa BallAlexander Collis, and Michelle Falcucci.

Practice head(s):

Matthew Grigg; Gavin Woods; Steven Rees Davies

Testimonials

‘The Carey Olsen Bermudan team was helpful, responsive and on top of the details.’

‘I would describe them as no nonsense, and remain that way even if the work required is technical.’

‘The team is responsiveness and collaborative – they are a dynamic and engaging team with a strong bench.’

‘Gavin Wood is an excellent practitioner, offering pragmatic and commercial advice.’

Key clients

Easton Re

Ramble Re

Blackrock

Hamilton Insurance Group

Impellam Group

Work highlights

  • Advised Easton Re on its USD200m catastrophe bond offering.
  • Advised Hamilton Insurance Group, Ltd., an insurance group regulated by the Bermuda Monetary Authority, on its initial public offering on the New York Stock Exchange.
  • Advised Blackrock funds that currently hold notes in Virgin Voyages, the cruise line started by Richard Branson’s Virgin Group, on Virgin Voyages’ third round of equity funding and related debt restructuring.

The firm: With a heritage that dates back to 1898, Carey Olsen is one of the most established and distinguished offshore law firms, advising on Bermuda, British Virgin Islands, Cayman Islands, Guernsey and Jersey law across a global network of nine international offices.

Carey Olsen Bermuda was established in 2017 by managing partner and highly-regarded Bermudian attorney Michael Hanson. The team has a deep local knowledge of Bermuda law and regulation coupled with a global perspective, and has quickly established itself as a leading player in the Bermuda legal market.

Carey Olsen Bermuda Limited’s lawyers work alongside major international law firms and their clients include a number of the largest Bermuda-based global insurance and reinsurance businesses and insurance intermediaries, as well as other global financial institutions with offices in the jurisdiction such as banks, trust companies, accountancy firms and hedge funds.

Carey Olsen is a leading offshore law firm advising financial institutions, corporations and private clients on Bermuda, British Virgin Islands, Cayman Islands, Guernsey and Jersey law from a network of nine international offices.

Carey Olsen Bermuda Limited is a company limited by shares incorporated in Bermuda and approved and recognised under the Bermuda Bar (Professional Companies) Rules 2009. The use of the title “Partner” is merely to denote seniority. Services are provided on the basis of our current terms of business.

Department Name Email Telephone
Corporate Michael Hanson [email protected]
Corporate Gavin Woods [email protected]
Dispute resolution and litigation Michael Hanson [email protected]
Dispute resolution and litigation Keith Robinson [email protected]
Employment Michael Hanson [email protected]
Regulatory Michael Hanson [email protected]
Regulatory Keith Robinson [email protected]
Restructuring and insolvency Keith Robinson [email protected]
Trusts and private wealth Keith Robinson [email protected]
Insurance Gavin Woods [email protected]
Corporate Steven Rees Davies [email protected]
Banking and Finance Steven Rees Davies [email protected]
Investment Funds Steven Rees Davies [email protected]
Taxation and Economic Finance Steven Rees Davies [email protected]
Photo Name Position Profile
Charissa Ball photo Charissa Ball Charissa Ball is counsel in the corporate team at Carey Olsen Bermuda. Charissa…
Mahogany Bean photo Mahogany Bean Mahogany is an associate with Carey Olsen Bermuda Limited, working in the…
Stephanie Bernard photo Stephanie Bernard Stephanie Bernard TEP is counsel in the trusts and private wealth team…
Adam Collieson photo Adam Collieson Adam Collieson is head of the property department in Bermuda. Adam’s core…
Alexander Collis photo Alexander Collis Alex is counsel in the corporate and finance team of Carey Olsen…
Honor Desmond-Tetlow photo Honor Desmond-Tetlow Honor is a Counsel in Carey Olsen’s Dispute Resolution and Litigation team…
Charlotte Donnelly photo Charlotte Donnelly Charlotte is an associate in the dispute resolution and litigation team at…
Michelle Falcucci photo Michelle Falcucci Michelle is a partner at Carey Olsen Bermuda and advises on all…
Ashley Fife photo Ashley Fife Ashley Fife TEP is counsel in the trusts and private wealth team…
Alexandra Fox photo Alexandra Fox Associate Alexandra advises on all aspects of Bermuda corporate and commercial law,…
Michael Frith photo Michael Frith Michael Frith is Senior Counsel at Carey Olsen Bermuda, and Managing Director…
Matthew Grigg photo Matthew Grigg Matthew is a partner in the corporate and finance practice of Carey…
Michael Hanson photo Michael Hanson Michael Hanson partner in the dispute resolution and litigation team of Carey…
Bradley Houlston photo Bradley Houlston Bradley is counsel in the employment team at Carey Olsen Bermuda Limited.…
Laura Kearns photo Laura Kearns Laura Kearns TEP is a senior associate in the trusts and private wealth…
Oliver MacKay photo Oliver MacKay Oliver is counsel in the dispute resolution and litigation team at Carey…
Oliver MacKay photo Oliver MacKay Oliver is counsel in the dispute resolution and litigation team at Carey…
Kyle Masters photo Kyle Masters Kyle is a partner in the firm’s Bermuda office with extensive experience in…
George McCallum photo George McCallum George is an associate in the corporate group of Carey Olsen, Bermuda…
Cheri Minors photo Cheri Minors Cheri Minors is a senior associate in the dispute resolution practice and…
Steven Rees Davies photo Steven Rees Davies Steven’s practice covers a broad spectrum of corporate and commercial law with…
Keith Robinson photo Keith Robinson Keith Robinson is the global head of the trusts and private wealth…
Sam Stevens photo Sam Stevens Sam specialises in the resolution of complex corporate and commercial disputes, frequently…
Marcus Symonds photo Marcus Symonds Marcus is an associate with Carey Olsen Bermuda Limited, working across the…
Jay Webster photo Jay Webster Jay Webster is a partner in the dispute resolution team at Carey…
Gavin Woods photo Gavin Woods Gavin advises on all aspects of Bermuda commercial and corporate law, specializing…