In the decade since the global financial crisis, ship financing has undergone considerable change. Traditionally, debt financing with banks and equity financing were the most common methods used by...

Following continued discussions with the EU's Code of Conduct Group and the OECD, Bermuda has passed amendments to its economic substance laws to more closely align Bermuda's regime ...

Bermuda's economic substance regime has been brought into closer alignment with the regimes implemented by other jurisdictions named in the European Union's Code of Conduct Group's call in 2018 for substance laws.

Bermuda has two options that could offer more cost efficiency and administrative ease.

The UK government has announced, in its Response to its 2010 Call for Evidence, that it is committed to ratifying the Convention.

Aviation finance, particularly aircraft leasing and aircraft lessor securitisation, are experiencing a boom on a global scale.

Bermuda is a well-known and respected jurisdiction for financing and registering aircraft.

In this briefing we revisit key points in relation to the implementation of the Convention on International Interests in Mobile Equipment in Bermuda...

On 24 December 2019, both the Economic Substance Amendment (No.2) Act 2019 and the Economic Substance Amendment (No.3) Regulations 2019 (the Amendment Legislation) came into force

Aircraft owners and operators view Bermuda as a jurisdiction of choice for aircraft registration and aircraft financing transactions.

The Bermuda Government has passed legislation, with effect from 31 December 2018, requiring relevant entities based in Bermuda to comply with certain obligations in regard to economic substance in the jurisdiction.

Bermuda vehicles are regularly used in both 'off-balance sheet' financing structures, where the owner of the aircraft is an 'orphan' and 'on-balance sheet' structures...

Bermuda vehicles are regularly used in both ‘off-balance sheet' financing structures, where the owner of the aircraft is an ‘orphan' and ‘on-balance sheet' structures...

No taxes or duties are payable in Bermuda as a consequence of the execution of an aircraft or engine sale agreement, unless the agreement is physically executed in Bermuda and one of the parties is a local Bermuda company, ...