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Vol 23 No 11 Nov/Dec 2018

Book of the Month

Cover of Paget's Law of Banking

Paget's Law of Banking

Edited by: John Odgers, Pagets
Price: £559.99

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Offshore Commercial Law in Bermuda 2nd ed

Edited by: Ian R. C. Kawaley, Karen Skiffington

ISBN13: 9780854902422
Previous Edition ISBN: 9780854901074
Published: May 2018
Publisher: Wildy, Simmonds and Hill Publishing
Country of Publication: UK
Format: Hardback
Price: £165.00

In stock.

The publication of the so-called ‘Paradise Papers’ in early November 2017 placed Bermuda in the international spotlight as an offshore financial centre.

The new edition of Offshore Commercial Law in Bermuda, written before these sensationalised disclosures, provides an insider’s professional view of how Bermuda’s legal and regulatory framework actually works in practice.

The first edition of Offshore Commercial Law in Bermuda was the first comprehensive practitioner’s guide to offshore commercial practice in one of the world’s leading offshore financial centres. The second edition retains the original structure of three main sections, ‘Establishing Offshore Vehicles’, ‘Commercial Dispute Resolution’ and ‘Relations with the Onshore World’.

Subjects covered include company law, insurance partnership law, trust law, litigation and insolvency law, regulatory law and cross-border cooperation. The book also contends for the novel concept of ‘offshore commercial law’ as a special sub-set of commercial law.

Edited by a commercial judge and Law Librarian and written by leading practitioners in the principal commercial law fields, this book provides an insight into the historical development and current operation of Bermuda’s offshore legal framework.

Each contributor describes the key legal rules and explains how the relevant legal principles are applied in practice. Reference is made to relevant statutory provisions and case law, while contributors also furnish practical observations which add flesh to the bare bones of the formal legal structures in question.

Other Jurisdictions , Banking and Finance, Wildy, Simmonds and Hill, Caribbean
1. Legal Development of Bermuda as an Offshore Financial Centre

2. Offshore Vehicles: The Bermuda Company;
3. Bermuda Limited Liability Companies;
4. Partnership Law and Corporate Commercial Practice in Bermuda: A Professional Development Perspective;
5. Insurance Law;
6. Trust and Private Client Practice in Bermuda;
7. A Comparison between Cayman Islands, Bermuda and British Virgin Islands;
8. Shareholders: Majority Rule and Minority Rights under Bermuda Company Law;
9. Director’s Liability in Bermuda: An Overview;
10. Arrangements, Amalgamations, Mergers and Re-domestications

11. Commercial Dispute Resolution: An Introduction;
12. Specialist Commercial Courts and the Development of Offshore Commercial Law;
13. Commercial Litigation in Bermuda;
14. Trust Litigation in Bermuda;
15. Receivers and the Rights of Secured Creditors under Bermuda Law;
16. Commercial Arbitration in Bermuda;
17. Winding up Companies under Bermuda Insolvency Law;
18. Restructuring Insolvent Companies in Bermuda

19. Relations with the Onshore World: An Introduction;
20. Regulation and Supervision of Financial Institutions in Bermuda: An Overview;
21. Bermuda Companies and the Wider Offshore World: An Atlantic and Caribbean Perspective;
22. Conflict of Laws in Bermuda;
23. Enforcement of Judgments in Bermuda;
24. Common Law Judicial Cooperation in Cross-border Insolvency Cases in the British Atlantic and Caribbean World;
25. International Treaties Relevant to Offshore Commercial Law in Bermuda: An Overview;
26. Bermuda: Implications of an Offshore Economy;
27. Establishing Ethical Parameters for an Offshore Legal Practice: A Case Study in Corporate Social Responsibility

28. Conclusion;