First Published in Chambers and Partners Global Practice
Guide.
This edition discusses Current Economic Conditions and Dispute
Resolution Activity, Trends & Developments.
Current Economic Conditions
Bermuda is an international business hub and a popular offshore
domicile and is impacted by global economic factors. A prime
example is the current impact of the Covid-19 pandemic on both
Bermuda's economy and Bermuda's legal sphere. The
Government of Bermuda, like many other governments, is tasked with
balancing the unexpected negative financial impact of Covid-19 with
the desire to keep Bermuda "open for business". What this
has meant for companies and attorneys representing those companies
is the careful navigation of newly implemented virtual protocols
for delivering documents and appearing in Court hearings via video
link. Largely, the Government of Bermuda and the Courts have struck
the right balance and we are confident in the ongoing operations of
Bermuda's