With notable strength in the gamut of regulatory matters, Carey Olsen Bermuda Limited often advises public sector entities on regulatory frameworks. Michael Hanson acts as the firm’s Bermuda managing partner, while Kyle Masters is experienced before the Bermuda Supreme Court. Steven Rees Davies is well-regarded in the FinTech sector, Gavin Woods handles insurance matters, and Oliver MacKay is often engaged in restructuring and insolvency mandates. Alexandra Fox counts financial institutions on her client roster, Alexander Collis is often engaged in finance transactions, and Michael Frith is another key team member.
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Profile
Work Department
Corporate; Dispute Resolution and Litigation; Regulatory; Employment, Pensions and Incentives; Taxation and Economic Substance Requirements; Private Client
Position
Michael Hanson partner in the dispute resolution and litigation team of Carey Olsen Bermuda. His core practice is centred on human capital and regulatory law where he advises the largest insurance and reinsurance, banks and professional services businesses on the island.
Michael has particular and significant expertise in multijurisdictional crisis management, corporate, employment and regulatory investigations, complex executive disputes and executive benefit and incentive programs. Michael also has a more general practice advising clients on commercial contract claims, reinsurance and coverage disputes and shareholder disputes.
Michael is ranked as a leading lawyer by Chambers Global and Legal 500 describing him as "highly rated", "very knowledgeable" and that "his responsiveness is unbelievable!".
Career
Michael is group managing partner of Carey Olsen.
Prior to joining Carey Olsen in 2017, Michael was partner and head of the employment and immigration at another offshore law firm in Bermuda.
Michael is a former Chair of the Human Rights Commission in Bermuda under the provisions of the Human Rights Act 1981. Michael is on the board of the Bermuda Chamber of Commerce and is Chair of the Bermuda Development Agency.
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Testimonials
Collated independently by Legal 500 research team.
'Excellent response times. Amazing practical application of the law.’
‘Kyle Masters is extraordinary.’
‘Exceptional regulatory lawyers who understand more than the letter of the law. They know the pulse of the regulator, the people who matter, and how to carefully step into complex issues. Carey Olsen does this phenomenally well.'
‘Michael Hanson and Kyle master are individually exceptional, smart, and responsive.'
‘Deep on the ground knowledge and connections, with a fantastic grasp of how to work with the Bermuda regulators.’
‘Steven Rees Davies is direct, to the point, and not afraid to take a stance when it comes to commercial solutions that are practical and workable.’
Key clients
- Alcority Services Limited Annuity & Life Re Limited 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 Hiscox JetBlue Airways Corporation Mexico Infrastructure Finance LLC NewOcean Energy Holdings Ltd OT Computers Limited RenaissanceRe Holdings SiriusPoint Teneo Bermuda Transocean Trump Panama Hotel Management LLC Trump International Hotels Management, LLC VMT Limited Waterloo Investment Holdings World on Wireless Ltd
Work highlights
Advised AON and a number of its subsidiaries, including White Rock (a wholly owned subsidiary of Aon Insurance Managers (Bermuda) Ltd and a part of the Aon group of companies.
Acting for the Ultimate Beneficial Owners (UBOs) and select former directors of Bittrex Global (Bermuda) Ltd (Company) on discussions with its regulator, the Bermuda Monetary Authority (BMA) and proposed provisional liquidators, as to the terms of the liquidation process.
Advised Soter Insure on achieving full Class IIGB license approval from the Bermuda Monetary Authority.