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The man who brought Arbitrade to Bermuda is fighting two new legal challenges, both filed against him and his company and associates last week in two separate jurisdictions. The Securities and Exchange Commission filed charges in the United States Di...

The law requires that an agreement for sale and purchase of Bermuda land is in writing. Typically a seller and buyer agree a transaction “in principle”. The seller will market at a particular price and the buyer will make an offer, whether or not at ...

The One Bermuda Alliance has demanded the Government provide an immediate explanation to reports of “significant resignations” within the Department of Public Prosecutions. Scott Pearman, the Shadow Legal Affairs Minister, said the news could exacer...

Wikipedia was under siege recently from a right-wing campaign focused on its article about recessions. Isn’t it convenient, these critics said, that the online encyclopaedia does not clearly define a recession as two quarters of negative growth? ...

Credit Suisse Life (Bermuda), a division of the banking giant Credit Suisse, has had an application before the Supreme Court rejected by Chief Justice Narinder Hargun. CS Life wanted a $607.35 million judgment against them to be paid from accounts se...

Amendments to the Investment Business Act 2003 become effective today. Julie McLean, a director of international law firm Conyers said the Bermuda Monetary Authority has confirmed the effective date of the Investment Business (Amendment) Act 2022, wh...

Legislation intended to strengthen child protection laws came has come into force, the Attorney-General said today. Kathy Lynn Simmons, the Attorney-General and the Minister of Legal Affairs, said that Part 5 of the Child Safeguarding (Miscellaneous ...

A US Court ruling that supported a division of Everest Re Group Ltd. has been affirmed by a federal appeals court, Business Insurance has reported. The lower court ruling said the Everest Re unit does not have to defend or indemnify a financial advis...

Miami International Holdings Inc, the parent holding company of the Bermuda Stock Exchange, has won a patent case against Nasdaq. MIH said that the United States District Court for the District of New Jersey has entered a stipulation and order in Nas...

Bermuda’s long-term re/insurance market has grown considerably in recent years. The island now has 144 registered long-term re/insurers and the sector’s assets have increased by 200 per cent over the past five years, according to the Bermuda Monetary...

The Bermuda branch of the Institute of Directors and law firm Carey Olsen Bermuda are to present a free session about the island’s economic substance regime. The Bermuda Economic Substance: Summary and Update presentation will be held virtually on Tu...

A man found guilty of a Christmas Eve murder has called on the Court of Appeal to quash his conviction over how the jury was selected for his trial. Wolda Gardner was jailed for the premeditated murder of Malcolm Augustus in 2012 and using a firearm ...