Temporary aircraft registration certificates to be issued by the Bermuda Department of Civil Aviation
Conyers Dill and Pearman provides legal services to numerous clients with Bermuda-registered aircraft. In an aim to maintain Bermuda’s status as a pre-eminent offshore aircraft registration and financing jurisdiction, the Conyers team has worked closely with the BDCA to address the ongoing needs of its clients.
Recently, it has been suggested that temporary or ‘storage’ registrations be made available to international aircraft leasing companies who need a temporary home for ‘parked’ aircraft. Such aircraft may (i) already be on the Bermuda register but no longer being operated or (ii) may be registered elsewhere but need to be deregistered from their current register due to no longer being operated within that particular jurisdiction…
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International co-operation in cross-border insolvencies: smoothing the path for foreign liquidators in Hong Kong
A decision of the High Court of the Hong Kong SAR should make the task of liquidators of BVI, Cayman and other foreign companies more straightforward in the region.
The BVI Arbitration Act 2013 will come into force on 1 October 2014.