Related briefings

Bermuda amends national pension scheme – update #4

The amendments to section 24 of the National Pension Scheme (Occupational Pensions) Act 1998 (“the NPS Act”) that expand the ability of members and former members of defined contribution pension plans and local retirement products to obtain limited refunds from their pension balances, will become operative on 1 June 2020.

Norway Practice Bulletin 2020

In this issue we highlight the impressive growth in the number of Bermuda companies listed on the Oslo Stock Exchange and the Norway Over-the-Counter market over the last five years – a dozen new listings between them, including BW Energy’s IPO on the Oslo Børs in February.

Insolvent trading – British Virgin Islands companies

Many businesses are currently experiencing unprecedented pressure on their cash flow as a result of the COVID-19 pandemic and the governmental restrictions which are being implemented around the world. It is very important therefore that directors of British Virgin Islands (BVI) companies which may be approaching insolvency take steps to evaluate the position of the company with a view to avoiding personal liability.

Latest Briefings

After Covid-19: Return to work and the “new normal”

COVID-19 has left the whole world shaken. There’s a lot of debate going on about how soon life will return to normal, and whether things will ever be quite the same as used to be. Certainly the ‘post COVID19 return to work’ is a hot topic right now, particularly after recent advice from the UK Government.

Government makes it easier for manufacturers to offer PPE on the European market

Following a European Commission Recommendation published on 13 March 2020 (EC Recommendation), the government have taken steps to relax regulatory requirements in relation to the production of Personal Protective Equipment (PPE) during the pandemic. The changes enable manufacturers to place PPE on the market more quickly in an effort to meet the ever increasing demand […]

Angola: banking regulations 2020

The Angolan banking system now comprises 26 banks, it being widely agreed that Angola’s banking institutions will need to continue their consolidation over the next few years – particularly considering that Angolan banking institutions still have a high rate of nonperforming loans (NPLs), despite the 5% reduction in 2018, and are being required to comply with international best practices and standards issued by the Basel Committee on banking supervision.

Changes in the real estate landscape

The past week has seen significant changes for all involved in real estate. This article summaries the key points owners and their advisors need to know.

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Business Leadership Summit: Huge thanks for a stellar two days

We would say this wouldn’t we, but The Lawyer Business Leadership Summit, which wrapped up yesterday evening after two jam-packed days of stimulating content, was without doubt one of The Lawyer’s most successful events ever. We believe that the new two-day, two-track model, coupled with a series of high-level speakers, informative discussions and attendees from more […]

Conyers advises Qatar Investment Authority with joint £2.6bn takeover offer

Conyers Dill & Pearman advised QIA on the establishment of a Bermuda structure and provided related advice to QIA in connection with its successful £2.6bn takeover offer, jointly with Brookfield, for Songbird Estates PLC and the Canary Wharf Group. This major acquisition by QIA and Brookfield will facilitate development and expansion of Canary Wharf in […]

Walder Wyss advises WerbeWeischer on acquisition

WerbeWeischer Switzerland has acquired Publicitas Cinecom AG from Publicitas AG. As a result of this transaction WerbeWeischer becomes market leader in cinema advertisement in Switzerland and further invests in the expansion of the advertising medium cinema. Walder Wyss has advised WerbeWeischer in the transaction. The Walder Wyss team was led by Lucas Hänni (consultant, corporate/M&A) and […]

Wragges advises Santander on financing of luxury goods brand

Wragge Lawrence Graham & Co (WLG) has advised longstanding client Santander Growth Capital team (Santander) in relation to the financing package it has made available to Aspinal of London (Aspinal) to assist with its growth plans. Santander was able to support Aspinal with an innovative mix of funding lines, which included trade finance and invoice discounting […]

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