ArticleIn The Courts: Trust DisputesIn Bermuda, the Supreme Court considered whether it has jurisdiction to require the directors of a corporate trustee to resignBermudaCorporate/Commercial LawAppleby
ArticleBermuda Trusts And Asset Protection - How Much Control Will Tip The Balance?On occasion, when settlors instruct us to draft trust deeds governed by Bermuda law they may seek to retain extensive powers. BermudaInsolvency/Bankruptcy/Re-StructuringCarey Olsen
ArticlePart Three: Beneficiaries' Access To The Letter Of WishesGiven the contents of the letter of wishes might shed light on the trustee's reasoning, there is no automatic entitlement on the part of the beneficiaries to disclosure outside the litigation context. BermudaLitigation, Mediation & ArbitrationKennedys Law LLP
ArticleStephen John Hunt V Transworld Payment Solutions U.K. Limited (in Liquidation) [2020] Bda LR 17The Supreme Court of Bermuda has clarified the rules for granting common law recognition and assistance to foreign office holders following the landmark Privy Council...BermudaLitigation, Mediation & ArbitrationCarey Olsen
ArticleApplication Of Bermuda's Bribery Act Considered By Supreme CourtThe scope and construction of Bermuda's Bribery Act 2016 (Act), was considered for the first time in the summer of 2019 by the Supreme Court of Bermuda in the case of X Limited v Y [No. 70 of 2019].BermudaCriminal LawCarey Olsen
ArticleOffshore Case Digest: Bermuda, British Virgin Islands, Cayman Islands - Issue #7 - March 2014 - June 2014The Judge considered the Company's arguments that the winding up was sought to subvert the judicial process in Brazil and that the debts were already fully secured in Brazil.BermudaWealth ManagementConyers
ArticleImportant Takeaways For Bondholders: Do They Have Rights As Contingent Creditors?The Cayman Islands Grand Court recently delivered its judgment in Re Shinsun Holdings (Group) Co., Ltd. FSD 192 of 2022 (DDJ) (21 April 2023) (unreported)...GlobalLitigation, Mediation & ArbitrationConyers
Article"Your Wish Is Not My Command": Letters Of Wishes And Their Use In Discretionary TrustsThis essay is the first in a three-part mini-series which will consider: the status of a settlor's letter of wishes, including the extent to which the trustee is bound by the settlor's wishes and the circumstances ...BermudaFinance and BankingKennedys Law LLP
ArticlePart 2: The Unholy Trinity Of Recent Cases: Clayton, Pugachev And WebbThere have been three major cases in recent years that warrant extended consideration in Part 2 of this mini-series: the New Zealand case of Clayton; the English case of Pugachev; and the Cook Islands / Privy Council case of Webb.BermudaCorporate/Commercial LawKennedys Law LLP
ArticleBermuda Court Exercises Discretion By Declining To Appoint Nominees Of First Creditors' MeetingIn Re Ping An Securities Group (Holdings) Limited [2022] SC (Bda) 25 Com (8 April 2022), the Supreme Court of Bermuda (the "Bermuda Court") declined to appoint the nominee of a first creditors' meeting...BermudaCorporate/Commercial LawKennedys Law LLP
ArticleFraud, Asset Tracing & Recovery 2022/2023 – Bermuda (Commercial Dispute Resolution, CDR)This guide explores the latest legislative, regulatory and enforcement developments in Bermuda, and provides expert analysis on industry-wide topics.BermudaCorporate/Commercial LawCarey Olsen
ArticleEnforcement Of Foreign Judgments 2021Please set out the various regimes applicable to recognising and enforcing judgments in your jurisdiction and the names of the countries to which such special regimes apply.BermudaLitigation, Mediation & ArbitrationKennedys Law LLP
ArticleElectronic Disclosure In Bermuda And The Cayman Islands: A Voyage Of DiscoveryThe Rules of the Supreme Court of Bermuda 1985 and the Grand Court Rules of the Cayman Islands 1995 do not yet contain any detailed rules, practice directions, or guidance specifically...GlobalLitigation, Mediation & ArbitrationConyers
ArticleTrust Protectors: Watchdogs Or Independent Decision Makers? Part 2: Protector Consent Provisions As They Have Been Interpreted In Recent Case LawUltimately, the protector's role in relation to any given trust will be determined with regard to the express terms of the trust instrument. The powers granted to a protector can be broadly categorised as "positive" powers and "veto" powers.BermudaCorporate/Commercial LawKennedys Law LLP
ArticlePart 1: An Introduction To Sham And Illusory TrustsWhilst both will give rise to a finding that a trust is invalid, sham trusts and illusory trusts are two very different beasts, as noted by the New Zealand Supreme Court:BermudaCorporate/Commercial LawKennedys Law LLP
ArticleEnforcement Of Judgments 2021 – Law And PracticeThis edition discusses identifying assets, domestic judgments, foreign judgments and arbitral awards.BermudaLitigation, Mediation & ArbitrationAppleby
ArticleEnforcement Of Judgments 2020 – Law And PracticeThis edition discusses identifying assets, domestic judgments, foreign judgments and arbitral awards.BermudaLitigation, Mediation & ArbitrationAppleby
ArticleEnforcement Of Judgments 2023Before determining which method of enforcement action will be most effective in a particular case, a plaintiff can exercise (as their resources permit and with regards to the state of pre-existing...BermudaLitigation, Mediation & ArbitrationWalkers
ArticleManaging The Court ProcessAs the Covid-19 pandemic has forced much of the business world to move on-line, in the context of litigation that has meant the rapid adoption in many jurisdictions of remote court hearings.GlobalLitigation, Mediation & ArbitrationAppleby
ArticleInternational Arbitration 2021Other than requiring that arbitration agreements be in writing, Bermuda's arbitration statutes do not require any specific form or format. BermudaLitigation, Mediation & ArbitrationKennedys Law LLP