Conyers advises Allstate Insurance on $350m catastrophe bond deal

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Related briefings

Bermuda: Setting up a class 2 captive insurer

A company may be licensed as a Class 2 insurer if it is owned by two or more unrelated persons and intends to carry on insurance business at least 80% of which consists of insuring the risks of those persons and their affiliates. A Class 2 insurer may also write business which is not a […]

Bermuda: Setting up a class 1 captive insurer

A company may be licensed as a Class 1 insurer if it is wholly owned by one person and intends to carry on insurance business consisting only of insuring the risks of that person or its affiliates. Such insurers are often referred to as “pure captives” and are subject to the least onerous regulatory oversight […]

Bermuda’s new privacy legislation: Are you prepared?

By Kathleen Moniz For any organisation, personal information about customers, clients, employees and suppliers is a valuable asset. But it is also a responsibility. Protecting the privacy of personal information is not just a hot topic on the internet, it is now every Bermuda organisation’s legal duty…

Norway legal practice: market update 2018

This annual publication underscores the importance of the Norwegian market to our Bermuda corporate practice. The shipping and offshore sectors experienced another difficult year for new financings and equity raises in 2017. Market activity has focused on consolidation, private placements and debt restructuring, as evidenced by the deals highlighted below. In challenging times, Norway’s over-the-counter […]

New compulsory Bermuda bye-law filing requirements

The Companies Amendment Act, 2018, which is deemed to have come into operation on 21 March 2018, amends the Companies Act, 1981 as regards the filing of information contained in bye-laws and applies to all Bermuda companies having a share capital. Under transitional provisions, all such companies will have a period of six months from […]

Latest Briefings

Landlord’s threats of legal action amounted to harassment of tenant

The recent Court of Appeal decision in Metropolitan Housing Trust Ltd v Worthington (1) and Parkin (2) alerts landlords to the risk of their dealings with tenants amounting to unlawful harassment.  Housing Management and Litigation experts Karl Anders and Lucie Bryan explain and offer practical advice, which will be of particular interest for social housing providers […]

Cabot SPR appeal: A welcome outcome for unsecured lenders in Scotland

Walker Morris partner Rob Aberdein explains an appeal allowed by the Sheriff Appeal Court which clarifies that the “interventionist and problem-solving approach” required of sheriffs under the new Simple Procedure Rules Simple Procedure Rules (SPR) for low value claims does not extend to undefended claims.  The appeal concerned a number of test cases and will […]

Industry responds to SME access to the FOS

The FCA last week published a suite of responses it has received to a consultation paper (CP18/3) released in January this year setting out the FCA’s proposed changes to the jurisdiction of the Financial Ombudsman Service (FOS) to open the FOS complaints resolution process to small businesses (SMEs). The fourteen responses published come from a […]

Cyber security, separation and self-protection online

Social media has many benefits, enabling us to keep in touch with old and new friends alike, sharing special moments with ‘followers’, organising events or tracking exercise progress. However, there is a dark side to the web.  Every click, post or search adds to your very own digital footprint, this leaves everyone vulnerable to exploitation. […]

Romanian companies will be able to distribute dividends on a quarterly basis

The Romanian Parliament recently approved the Law on the Amendment and Completion of the Accounting Law No. 82/1991, Amendment and Completion of the Companies Law No. 31/1990 and Amendment and Completion of Law No. 1/2005, on the organisation and functioning of cooperative companies. Before entering into force, the law will have to be promulgated by […]

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Following the first edition of our Inbound acquisitions at a glance brochure, we received a lot of feedback not only regarding the information provided, but also questions arising from current transactions on corporate level. We decided to compile an annual update on the latest tax developments related to inbound acquisitions and are therefore proud to […]

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Blackburn FC’s defence exposed

Barrister acting for football club over dismissal claim must have known he was onto a loser Spare a thought for Neil Berragan, the barrister instructed by Blackburn Rovers FC on its case with fired manager Henning Berg. His heart must have sunk when he realised the hopeless case he was being asked to submit on […]

BDR Waste PFI project shortlisted for Partnership award

The Barnsley, Doncaster and Rotherham (BDR) Waste PFI has been shortlisted for the ‘Best Waste/Energy/Water Project’ at the national Partnership Awards, in recognition of best practice in bringing one of the UK’s largest waste projects to successful completion. Walker Morris assembled a team of projects and specialist energy lawyers to advise the Barnsley, Doncaster and […]

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KWM names Sue Kench as Australia head as O’Malley stands down

Asia-Pacific firm King & Wood Malllesons (KMW) has named partner Sue Kench as successor to managing partner Tony O’Malley in Australia. O’Malley stood down earlier this week with immediate effect and plans to retire as a partner on 31 December this year. He took on the job just 16 months ago in January 2012. The […]

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