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Law firm Carey Olsen Bermuda was among the winning advisers for the Financial Services Deal of the Year at The Deal Awards Europe 2019. Carey Olsen was recognised along with the other advisory teams involved in the $5.6 billion acquisition of Jardine...

A Bermudian-based group of companies could play a pivotal role in the proposed settlement of opioid legislation in the United States involving OxyContin maker Purdue Pharma LP and its owners, the Sackler family. The outline of a proposed settlement t...

There has been a shift from pessimism to a feeling of optimism that Bermuda can advance and secure opportunities as a result of new economic substance regulations. Additionally, because the requirements driven by the OECD and European Union affect al...

Estera, a corporate, funds and trust services provider, has launched legal services in Bermuda and Cayman. The firm was spun off from law firm Appleby in late 2015, having previously been known as Appleby Fiduciary. Estera will enter a competitive le...

Operations of a Bermudian-based liquefied natural gas tanker company have been disrupted by US sanctions. Teekay LNG Partners said its joint venture shipping natural gas from Northern Russia to China was “blocked” because of ties to Chinese shipping ...

Legislation to advance Bermuda’s efforts to become a digital hub for the interconnection of submarine cables was tabled in the House of Assembly on Friday. Walter Roban, the Minister of Home Affairs, tabled three bills for consultation that he said w...

Appleby Bermuda partner Vanessa Schrum is to give a presentation on asset protection trusts at the 2019 International Tax Planning Association conference in Monte Carlo, October 2 to 4. Ms Schrum’s presentation, “Asset Protection Trusts – The Bermuda...

Estera, a provider of corporate administration, funds and trust services, has appointed Sonal Patel as managing director, head of sales — Americas, Bermuda and Caribbean. Ms Patel will focus on implementing Estera’s regional growth strategy, further...

Government is exploring how Bermuda can issue bonds on a global basis utilising blockchain technology, the Premier has said. In a tweet, David Burt said he met with Radoslav Albrecht, chief executive officer and founder of German fintech company Bitb...

NEW YORK — OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve widespread litigation over its alleged role in fuelling the US opioid crisis and plans to tussle with states opposing its settlement offer in ba...