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Indemnity clauses represent a contractual transfer of risk between parties to a transaction, the purpose of which is to prevent loss to one of the parties or to compensate that party for losses that may occur as a result of a specified event. They m...

A grant from the Lyceum Trust has provided funding that has allowed the Hamilton Parish Council scholarship committee to make three awards to students. Due to Covid-19 restrictions, this year’s applicants were interviewed remotely via Zoom teleconfer...

Bacardi International Limited has appointed Bermudian Danielle Paynter as director of corporate affairs based in its global headquarters in Hamilton. Ms Paynter will lead local corporate PR initiatives and events at Bacardi, including community givin...

International law firm, Kennedys, which has an office in Bermuda, has launched a virtual work experience programme that is accessible to aspiring Bermudian lawyers. Mark Chudleigh, managing partner of Kennedys’ Bermuda office, explained that the prog...

Bermuda is a small island with some 64,000 population, but is home to some of the largest international companies worldwide. There are approximately 16,000 registered companies such as Yahoo, Apple, Mitel, and Google, to name a few. In addition, Berm...

The Transcontinental Trusts International Bermuda Conference will be held virtually next week, and among the speakers will be three from Appleby. Partner and Bermuda Group head of private client and trusts Vanessa Schrum, partner Steven White and sen...

Three Bermudian students are among the recipients of Butterfield Bank’s 2020 scholarships, and two local students have been awarded bursaries. The Butterfield Postgraduate Scholarship is available to students in all ten Butterfield jurisdictions arou...

The Bermuda Government’s new $1.35 billion of debt bonds have been admitted for listing on the Bermuda Stock Exchange. The debt is split evenly between ten-year and 30-year maturity senior notes. There is $382,105,000 of 2.375 per cent 144A senior no...

A 33 per cent cut in the monthly payments for commissioners at the Regulatory Authority of Bermuda has not gone down well. The board of commissioners has taken issue with the way the reduction was done, which saw the monthly remuneration drop from $9...

Bermuda’s economy suffered from more than a decade of “anaemic performance” before the Covid-19 pandemic, but now there is an opportunity for it to move forward through a “bold reform agenda.” There are strategic matters that are critical to ensuring...