A Q&A guide to restructuring and insolvency law in
Bermuda.
The Q&A gives a high level overview of the most common forms
of security granted over immovable and movable property;
creditors' and shareholders' ranking on a company's
insolvency; mechanisms to secure unpaid debts; mandatory set-off of
mutual debts on insolvency; state support for distressed
businesses; rescue and insolvency procedures; stakeholders'
roles; liability for an insolvent company's debts; setting
aside an insolvent company's pre-insolvency transactions;
carrying on business during insolvency; additional finance;
multinational cases; and proposals for reform.
To compare answers across multiple jurisdictions, visit the
Restructuring and Insolvency Country Q&A
tool.
