Bermuda Legal nominated for Legal Blog competition run by The Expert Institute: VOTE now!

I am pleased to report that Bermuda Legal has Been Nominated for The Expert Institute’s Best Legal Blog Contest. From a field of hundreds of potential nominees (or at least some), Bermuda Legal has received enough nominations (at least one) to join the one of the largest competitions for legal blog writing online today. Now that the blogs have been nominated and placed into their respective categories, it is up to their readers to select the very best. With an open voting format that allows participants one vote per blog, the competition will be a true test of the dedication … Continue reading Bermuda Legal nominated for Legal Blog competition run by The Expert Institute: VOTE now!

Hurricane Harvey wind, surge & flood economic loss could be $70-90bn: RMS

Risk modelling firm RMS said late yesterday that its models show that hurricane Harvey may result in economic losses from wind, storm surge and inland flood of as high as $70 billion to $90 billion, with the Houston area floods likely to drive the bulk of these costs. It’s important to note this is not… via Harvey wind, surge & flood economic loss could be $70-90bn: RMS — Artemis.bm – The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management Blog Continue reading Hurricane Harvey wind, surge & flood economic loss could be $70-90bn: RMS

New High Court Judge of the Commercial Court BVI: The Honourable Justice K. Neville Adderley

On Friday 1st September 2017, the Honourable Justice K. Neville Adderley was appointed as High Court Judge, Commercial Division, of the Eastern Caribbean Supreme Court in the BVI. Justice Adderley was previously a Justice of the Supreme Court in the Bahamas from 2007 to 2012, followed by a tenure as a Justice of Appeal at… via New High Court Judge of the Commercial Court BVI: The Honourable Justice K. Neville Adderley — The Offshore Litigation Blog Continue reading New High Court Judge of the Commercial Court BVI: The Honourable Justice K. Neville Adderley

Cross-examination and ‘putting your case’: the perils of getting it wrong, on appeal

I have recently written a Blogpost about the rule in Browne v Dunn, and how it should not be forgotten in Bermuda (or in the British Virgin Islands, in other British Overseas Territories and in other common law jurisdictions). By relative coincidence of timing, in its recent decision in the case of Chen v Ng (British Virgin Islands) [2017] UKPC 27, the Judicial Committee of the Privy Council has cited Browne v Dunn, in considering the extent of the duty to put a party’s case to an opposing party or its witnesses, for the purpose of ensuring a fair trial. As the Privy Council put matters, … Continue reading Cross-examination and ‘putting your case’: the perils of getting it wrong, on appeal

A Cumulus Disaster

The Bermuda Monetary Authority (the BMA) has successfully petitioned the Supreme Court of Bermuda to wind up Cumulus Eastern European Property Fund Limited (Cumulus) pursuant to section 36(1)(b) of the Investment Funds Act 2006 (the IFA) and the provisions of the Companies Act 1981. Cumulus was authorised as a Standard Fund on 30th May 2012 by the BMA pursuant to section 11 of the IFA. Pursuant to the winding-up order of the Supreme Court of Bermuda dated 14th July 2017, Keiran Hutchison and Roy Bailey of EY Bermuda Ltd were appointed as joint provisional liquidators of Cumulus. The BMA deemed it … Continue reading A Cumulus Disaster