Bermuda: Contracts and Commercial Law

While shareholders rightly view themselves as owners of the company in which they hold their shares, as any student of English company law will know from the seminal nineteenth century decision in Salomon v Salomon.

The Bermuda Monetary Authority ("BMA") released a consultation paper, Operational Resilience and Outsourcing Code ("CP") on 14 January 2025, which outlines standards that the BMA has designed to bolster the financial service sector's ability to pre-empt, adapt, manage, recover from, and learn from operational disruptions.

It is difficult to think of a transaction that doesn't begin with a confidentiality or non-disclosure agreement (NDA).