Benefits of registering aircraft in Bermuda

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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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Inns of Court bar barrister

Two in five female barristers have been harassed at the Bar

Two out of every five female barristers have experienced harassment at the Bar, a new report claims today. The Bar Standards Board’s report Women at the Bar, revealed harassment has remained a common occurrence even since the Equality Act was introduced in 2010, though things have got significantly better. Some 20 per cent of women barristers […]

Debevoise advises Booz Allen in credit agreement amendment

Debevoise & Plimpton LLP has advised Booz Allen Hamilton Inc in the third amendment to its credit agreement dated as of July 31, 2012. With no increase in net borrowing and a reduction in overall interest costs, the amendment extended the maturity of all of the outstanding $1,583m of Booz Allen Hamilton’s borrowings under the […]

Chambers of the Year 2016: Essex Court Chambers

Essex Court Chambers has an outstanding and long-standing reputation in the international arbitration field. Over the past 18 months the set has significantly expanded its reach into the growing market of fraud, financial crime and offshore work. It has also strengthened its leading position in commercial litigation and arbitration, while embracing a shift in leadership […]

Khaitan advises Infoline on investment

Khaitan & Co advised India Infoline Finance Limited in relation to investment by CDC Group PLC in IIFL by subscription to Compulsorily Convertible Preference Shares for $148m approximately. India Infoline Finance Ltd is one of the leading financial services companies in India. Haigreve Khaitan (Partner); Abhishek Sinha (Associate Partner); Rohan Singh (Senior Associate) and Abir Sarkar […]

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