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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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The Lawyer Eats: Bonhams Restaurant, W1

Did you know there was a restaurant in Bonhams Auction House in the West End? It’s been open since the end of 2014 and already holds a Michelin star. Not bad going for the young chef, Tom Kemble, in charge of his own restaurant for the first time.

Job vacancies at Maravela

We are looking for talented colleagues to join our team and fill these positions: White Collar Crime Specialist Consultancy Associate Litigation Associate Office Assistant

Bär & Karrer advises HNA Aviation on acquisition of SR Technics

HNA Aviation Group has agreed to acquire a majority stake in SR Technics Group from Mubadala Development Company. SR Technics is a Swiss-based provider of aircraft, component, engine and aviation technical services. HNA Aviation is the aviation division of the HNA Group, which owns Hainan Airlines and Hong Kong Airlines. The transaction is subject to […]

Speakers for cloud conference

Six inspiring speakers have been added to our line-up: Andrew Arruda, CEO, and Co-Founder of ROSS Intelligence Andrew Legrand, Founding Partner at Spera Law Group, LLC David Perla, President of Bloomberg BNA Legal Ed Walters, CEO, and Co-Founder of Fastcase Gale Kirsopp, CEO of 4700Group Amani Smathers, Legal Solutions Architect at Davis Wright Tremaine, De […]

Financing of Rye River Brewing Company

We were delighted to advise Rye River on its recent financing deal with Bluebay Ireland Corporate Credit. The financing will be used to refinance Rye River’s existing debt with Ulster Bank as well as providing development capital for Rye River’s fast-growing business. Rye River was set up in 2013 and its state of the art brewery […]

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Register now

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