Bermuda: Paradise Found for private aircraft financing

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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

Spanish soccer league app accused of spying to crack down on football piracy

By Alex Towers and Leo Moore The Spanish Data Protection watchdog (AEPD) has begun a preliminary probe into the official app for Spanish football league, La Liga, which allows them access to the microphones and GPS of users’ smartphones with the aim of potentially identifying showings of football games in the vicinity of the user […]

EU workers: ‘simple’ process to stay in UK post-Brexit

By Helen Burgess With 3.8 million EU citizens in the UK, according to ONS figures, employers have rightly been concerned about maintaining a stable workforce in the lead up to and post-Brexit. Good news is however afoot. Home Secretary Sajid Javid has announced that EU citizens will have to answer three ‘simple’ questions online (or […]

PLMJ – Moazambique: Regulations on advertising of financial products and services

By Télio Murrure and Nacita Chirindza The Central Bank has approved the Regulations on Advertising of Financial Products and Services (Regulamento sobre a Publicidade de Produtos e Serviços Financeiros – “RPPSF”), which is an integral part of Notice no. 3/GBM/2018 of 18 April. This is the first instrument addressing this matter in the Mozambican legal system. […]

Rectification of the terms of a private equity financing transaction

Terra Firma has successfully obtained rectification of the terms of a private equity financing transaction completed in 2012, concerning the Four Seasons care homes business [FSHC Group Holdings Limited v Barclays Bank Plc]. The transaction required the Parent company to provide security over a particular shareholder loan which was part of the overall funding package. […]

Recommended

Eversheds recruits six consultants to launch regulatory compliance offering

Eversheds has hired six regulatory compliance consultants in a bid to expand the remit of its financial services team under the leadership of partner David Saunders. Simon Chapman, Noreen Husain and Clive Summers have joined the firm from the specialist regulatory and compliance practice of Resources Global Professionals (RGP) in January. Jean-Paul Simoes and Jonathan […]

tokyo

Ashurst puts Asia focus on Japan with relocation of regional head

Ashurst has bolstered its Tokyo practice by moving two partners including its Asia head from Singapore to the Japanese capital. Asia managing partner Matthew Bubb and partner Dominic Gregory have both relocated in a move designed to strengthen the firm’s energy, infrastructure and finance practices in Japan. Energy and infrastructure finance specialist Bubb began his […]

‘US buy-in required if EU is to succeed in stamping out tax avoidance’

Commenting on the news that the EU is set to establish a tax avoidance committee, Ben Jones, tax partner at law firm Eversheds, says: “The EU has become increasingly active on the issue of multinational taxation over the last couple of years, following the wider international actions being proposed by the OECD to modernise the system […]

food

St John, Farringdon

We’d escaped to the Beckford Arms at the weekend, a gastropub with rooms, deep in the heart of the West Country. Run by boys who look like they should be in a Boden catalogue, it’s well worth a visit. We don’t stay in the body of the pub because set in the heart of the […]

London
2

BLM offers all London staff flexible working contracts

BLM is offering a flexible working programme for all its staff in London as the firm consolidates its two offices into one location.  BLM will reduce the space it occupies in London with the combination of two offices into a single City location on Fenchurch Street in a move scheduled for between 6 and 10 […]

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