The seventh edition of The Insolvency Review offers an in-depth review of market conditions and insolvency case developments.
Companies wishing to take advantage of the provisional liquidation regime must first present a winding-up petition to the court under section 161 of the act.
In the recent decision of Re C&J Energy Ltd and another the Supreme Court of Bermuda continued a line of judgments which establish the court's willingness.
A court-supervised scheme of arrangement is the most straightforward and cost effective way to facilitate a corporate rescue or restructuring of a company which is incorporated in Bermuda but has its operations or listing status in another jurisdiction.
A bold judicial reimagining of the Court's existing power to appoint a provisional liquidator for asset preservation purposes, Bermuda's ‘lighttouch' provisional liquidation ...
Kennedys Law LLP
Bermuda is a self-governing British Overseas Territory. The systems of law administered in Bermuda are local Bermudian legislation, Bermudian common law (as developed from English common law)...
It is very difficult for those practising in the field of cross-border insolvency and restructuring not to notice the significant moves towards international comity by various jurisdictions around the world.