The Protections and Perils of Enduring Powers of Attorney
None of us likes to consider the possibility that we may one day find ourselves unable to manage our own affairs. It is a boon that we can expect to live longer, but longer life often involves a loss of independence, and the possibility of that loss of independence necessitates forward planning. It is essential […]
2015 Throne Speech: A Brief Summary of the Parliamentary Agenda
The Bermuda Government re-affirmed its commitment to making economic recovery a national priority in the 2015 Throne Speech, its legislative blueprint for the coming parliamentary year.
Kimberley D. Caines, Associate at MJM, recognized as a “Rising Star” by Bermuda:Re+ILS magazine
MJM’s Kimberley D. Caines has been recognized as a “Rising Star” in the Fall issue of Bermuda:Re+ILS magazine. The feature is called Talent shining through. A rising star is a talented young person (under 35) who is doing an outstanding job in their industry and reshaping it in the process.
Bermuda Introduces Draft Model Personal Information Protection Act (PIPA)
In the USA, “Companies and marketing firms have been gathering information about customers and potential customers for years, collecting their names and addresses, tracking credit card purchases, and asking them to fill out questionnaires, so they can offer discounts and send catalogues. But today we are giving up more and more private information online without […]
Jessica Kemmenoe, Associate at MJM, recognized as a “Rising Star” by The Bermudian magazine
MJM’s Jessica Kemmenoe has been recognized as a “Rising Star” in the Fall issue of The Bermudian magazine. The feature is called Rising Stars: Young, ambitious and quickly working their way to the top, meet this year’s crop of twenty-somethings on the fast track. A rising star is a young person (under 30) who is […]
Landmark Ruling by Chief Justice Regarding Access to Court Documents and “Open Justice”
Bermuda Press (Holdings) Ltd. (“BPHL”), the parent company for the local daily newspaper The Royal Gazette, commenced proceedings against the Registrar of the Supreme Court (the “Registrar”) following the Registrar’s refusal of BPHL’s application to obtain copies of Affidavits and Exhibits filed in a case pending in the Supreme Court. The case involved a dispute […]
Jennifer Haworth Promoted to Senior Associate
The Directors of MJM are pleased to announce the appointment of Jennifer Haworth as a Senior Associate this week.
Enhancements to Legislation with an Eye on Private Equity
The vast majority of partnerships on the Bermuda registry are said to be private or closed-end funds. Hailed as an important part of the government’s efforts to achieve growth in the asset management area, amendments have been made to partnership and company legislation to enhance the flexibility and efficiency of Bermuda exempted and limited partnerships […]
MJM awarded Follow-On Deal of the Year by Marine Money Offshore
MJM Limited was awarded Follow-On Deal of the Year this summer by shipping industry publication Marine Money Offshore for our work on the Golar LNG Limited $594 million follow-on equity offering in which we played a role as co-counsel to the issuer alongside Seward & Kissel. Latham & Watkins LLP was counsel to the underwriter.
Corporate Service Provider Business Act 2012 & Corporate Service Provider (“CSP”) Business Amendment Act 2014 (collectively the “Act”)
The Bermuda Monetary Authority (“BMA”) held an informational session on the 24th of July, 2014 regarding the licensing of a CSP. Ms. Tamara Anfossi of the BMA announced that the CSP regime commencement date is pending amendments to the Exchange Control Act 1972 (“Foreign Exchange”). It is anticipated that the amendments to Foreign Exchange will […]