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International legal firm Harneys’ Bermuda office has been recognised in the Chambers Global rankings of law firms. The firm was commended in the Chambers survey, joining other Harneys offices in Caymans, the British Virgin lslands, Hong Kong and Lond...

Insurance-linked securities are instruments by which insurance risk is transferred to capital markets. For insurers and reinsurers, ILS represent an alternative to traditional reinsurance and retrocession. The benefits that ILS offer to insurers an...

Former Attorney-General Larry Mussenden has been appointed Bermuda’s new Director of Public Prosecutions, Governor George Fergusson announced yesterday. Mr Mussenden, who was also the Government Senate Leader under the former Progressive Labour Party...

In the recent Budget Statement, the Minister of Finance confirmed that the Bermuda Government’s priority is to eliminate the deficit and that it has a three-year plan to achieve this goal. That statement serves as a reminder that a regular review of...

Recent amendments to partnership legislation in Bermuda, effective in December 2015 (Amendments), allow for greater flexibility in how partnerships conduct business, thereby further strengthening the appeal of Bermuda partnerships for use in private-...

John Grisham’s character, Troy Phelan, in The Testament has a dramatic approach to estate planning. Mr Phelan, an elderly businessman with an estate worth billions had three failed marriages together producing eight children. Most of the children r...

A Bermuda lawyer is to discuss the possible abolition of death taxes at a major international conference tomorrow. Peter Pearman, a director in the private client and trust department of Conyers Dill & Pearman, will examine death taxes being phased o...

Commercial insurers registered under the Insurance Act 1978 (the Act) are now required to establish and maintain a head office in Bermuda in accordance with changes to the Act that came into effect on January 1, 2016. This requirement means that th...

The clock is ticking for exempted investment funds set up under the old legislative regime, which face an October 3 deadline to be reclassified under legislation enacted in 2013. The Investment Funds Act 2006 was amended with effect from October 4, 2...

The Ministry of Legal Affairs is seeking applications for the position of Deputy Director of Public Prosecutions, according to a notice in today’s paper. The advertisement, in the Classifieds employment section, calls for qualified barristers with at...

Defence counsel Elizabeth Christopher has described the decision to cast a search for a new Director of Public Prosecutions as “an insult” when there is a Bermudian qualified for the post. There has been much contention surrounding the hiring of for...

The case against a barrister accused of trying to persuade a prosecution witness to change his story has been stopped by the presiding judge. Kamal Worrell had “unequivocally” denied trying to get Levon Thomas to give false evidence in a shooting tri...