Leading Associates

Firms To Watch: Corporate and commercial

Nick Miles jointly heads up the practice at Kennedys  alongside Simon Benedek, who joined the team in August 2023 from Benedek Lewin to bolster the firm’s commercial law capabilities.

Corporate and commercial in Bermuda

Appleby

Appleby is highly adept at supporting FTSE 100 and Fortune 500 companies with their complex cross-border transactions, which often involve offshore jurisdictions and multi-disciplinary elements. Its offering also encompasses advice on strategic growth and restructuring plans. Department lead and managing partner Brad Adderley boasts particular expertise in the insurance and reinsurance space. The team is also home to Matthew Ebbs-Brewer, who heads up the funds and investment team. Ebbs-Brewer has expertise in M&A and joint venture transactions, as does Josephine NoddingsJerome Wilson chairs the technology and innovation practice, and he is particularly skilled in the area of digital asset businesses. Clive Langley is another notable name with strength in structuring asset-financed transactions.

Responsables de la pratique:

Brad Adderley


Autres avocats clés:

Matthew Ebbs-Brewer; Jerome Wilson; Clive Langley; Josephine Noddings; Carl Meyer; David Clark


Les références

‘Highly responsive, commercial, thoughtful advice.’

Principaux clients

Brookfield Infrastructure Group LLC


Brookfield Reinsurance Ltd


AEL


Blackstone


Resolution Life


Brookfield


Westinghouse


Brookfield Reinsurance Ltd.


Amgen Inc.


Wren House Infrastructure Management Ltd.


Aegon


Artex Capital Solutions


Carey Olsen Bermuda Limited

Carey Olsen Bermuda Limited is well-positioned to advise a wide array of clients on cross-border transactions. This offering encompasses advice on creating new commercial structures, M&A deals, private equity investments, restructurings, shareholder agreements, and corporate governance mandates. The team is jointly led by (re)insurance expert Gavin Woods, whose client base includes local, exempted, and permit and segregated account companies, Steven Rees Davies, who is highly experienced in corporate governance and regulation matters, and Matthew Grigg, who is skilled in work surrounding equity issuances and mandates relating to digital asset businesses. Michael FrithCharissa Ball, Michelle Falcucci and Max Tetlow are also key members of the team.

Responsables de la pratique:

Gavin Woods; Steven Rees Davies; Matthew Grigg


Autres avocats clés:

Michael Frith; Charissa Ball; Alexander Collis; Michelle Falcucci; Max Tetlow


Les références

‘The Corporate and Commercial practice of Carey Olsen Bermuda has professional, pleasant to work with and highly engaged, smart individuals. The team is incredibly responsive and has a wide depth and breadth of knowledge across many different corporate and commercial matters.’

‘The people are lovely to talk to and engage with, always providing their genuine thoughts and considerations and communicating clearly response times and when deliverables will be received.’

‘Carey Olsen seem to be very in touch with the market and their needs and have hosted a few events for clients specifically in-house, who don’t often get to attend industry events or connect with other colleagues.’

Principaux clients

GIC Private


Hamilton Insurance Group


Paratus Energy Services


XBTO Global


Hamilton Insurance Group


Sega Sammy Creation


TriFi Bermuda


Mountain Holdings


BF&M


One Communications


Principaux dossiers


  • Advised GIC Private Limited, a global institutional investor, on its acquisition of shares held by Cinven, the private equity firm, in the Miller Group, a leading independent specialist (re)insurance broker.
  • Advised Hamilton Insurance Group, Ltd., an insurance group regulated by the Bermuda Monetary Authority, on its initial public offering on the New York Stock Exchange.
  • Advised XBTO Global on its dual acquisition of Bermuda licensed digital asset businesses Stablehouse Ltd and XBTO International Ltd.

Conyers

The corporate department at Conyers is well-equipped to support a wide range of clients from the fin-tech, manufacturing, mining, real estate, oil and gas, and technology industries. Large restructurings, IPOS, M&A transactions, and securitisations form a significant part of the group's work. Marcello Ausenda sits at the helm of the practice, which also includes Jennifer Panchaud, who is particularly active in reorganisations and securitisations for both local and exempted companies, as well as (re)insurance transactions. Edward Rance has expertise in insolvencies and restructurings, in addition to offshore holding structures, while David Stubbs has experience in advising on the formation and regulation of cryptocurrency and digital token vehicles.

Responsables de la pratique:

Marcello Ausenda


Autres avocats clés:

Jennifer Panchaud; Edward Rance; David Stubbs


Les références

‘Efficient, fast to respond, on point, gives practical and useful input and advice.’

‘A great team to work with.’

Principaux clients

Viking


Digicel Group


Seadrill Limited


Bacardi Limited


Liberty Group


Pepsi


Bank of Butterfield


Teekay


New Fortress


Carnival


Principaux dossiers


  • Advised Digicel Limited and other affiliated entities, collectively known as Digicel, on executing a historic USD3.8bn cross-border restructuring.

ASW Law Limited

The corporate and finance department at ASW Law Limited has notable expertise in the (re)insurance space, and is active in M&A transactions, sales, and corporate restructurings. Neil Horner leads the practice with expertise in large M&A deals, (re)insurance, funds, and finance law. Canadian-qualified Kim Willey is skilled in captive formation and regulation, as well as in providing regulatory and compliance advice to commercial insurance groups, and UK-qualified Hanno Tolhurst is another key corporate and commercial lawyer at the firm.

Responsables de la pratique:

Neil Horner


Autres avocats clés:

Kim Willey; Hanno Tolhurst; Nikhil Lawton-Misra; Sangheetaa Phary


Principaux clients

American International Group, Inc


Argo Group International Holdings, Ltd.


Nippon Life Insurance Company


Aviva plc


Blackrock Financial Management, Inc.


Blackrock Credit Alpha Group


Eaton Vance Management


Boston Management and Research


Clavert Research and Management


Morgan Stanley Eaton Vance CLO CM LLC


Morgan Stanley Eaton Vance CLO Manager LLC


Varde Partners, Inc


Cornerstone Financial Holdings Limited


ITOCHU Coporation


BF&M Ltd.


Brookfield Reinsurance Ltd.


Ambac Financial Corporation


Principaux dossiers


  • Advised AIG on all Bermuda legal aspects of the USD3.3bn sale of Validus Re to RenaissanceRe, including the Bermuda legal aspects of the sale and purchase agreement and all required Bermuda regulatory approvals.
  • Advised speciality insurance underwrite Argo Group International Holdings, Ltd., on all Bermuda legal and regulatory aspects of its USD1.1bn sale to Brookfield.
  • Advising Nippon Life Insurance Company on its proposed acquisition of a 20% stake in Corebridge Financial, Inc.

Wakefield Quin

Wakefield Quin is highly adept at handling M&A transactions and disposals, the acquisition, financing, and development of commercial real estate projects, and cross-border restructurings. Sitting at helm of the department is Erik Gotfredsen and Ian Stone; Gotfredsen is skilled in joint ventures, partnerships, and the establishment of companies, while Stone is knowledgable about offshore corporate and partnership structures, as well as being active in banking transactions. The team is also home to Johann Oosthuizen, who is notable in commercial property matters.

Responsables de la pratique:

Erik Gotfredsen; Ian Stone


Autres avocats clés:

Johann Oosthuizen; Jemima Fearnside; Alex Evans


Principaux clients

Accenture Group


Altamont Capital Partners


ATN International, Inc.


Bermuda Broadcasting Company Limited


Crédit Agricole Corporate and Investment Bank


National General Insurance Group


Nordic Trustee ASA


Seacrest Group


The Carlyle Group Inc.


VEON Ltd.


Principaux dossiers


  • Advised CC&L Bermuda Skyport Limited on its acquisition of a 49.9% interest in Bermuda Skyport Corporation Limited.
  • Advised Kohlberg Kravis Roberts on its acquisition of the remaining 37% stake in Bermuda insurance group, Global Atlantic.
  • Advised VEON Ltd. on the sale of its Russian operations (PJSC VimpelCom).

Walkers

With ‘a deep bench strength in the fin-tech sector’, Walkers frequently assist clients with take privates, takeovers, tender offers, and amalgamations. Practice lead  Natalie Neto advises on a range of Bermuda-based and international corporate mandates, especially M&A transactions for public and private companies. Neto is also particularly experienced in advising digital asset businesses. Sarah Demerling heads up the investment funds and (re)insurance practices, and has expertise in corporate restructurings, while the highly recommended Rachel Nightingale is active in private equity investments and M&A transactions.

Responsables de la pratique:

Natalie Neto


Autres avocats clés:

Sarah Demerling; Rachel Nightingale


Les références

‘Walkers Bermuda has a deep bench strength in the fin-tech sector, not only for Bermuda, but for all the markets they serve. We have found that the Walkers team is easy to communicate with, provides work promptly, and is conscience of client expenditures and we find immense value in the quality of the work.’

‘Partners Natalie Neto and Rachel Nightingale are top performers that we are happy to have on our account. The team supporting them are also stars, giving high quality work in a timely manner.’

‘The team we deal with at Walkers are THE leading firm in our industry/sector in Bermuda. They have a deep understanding of the regulatory framework in our sector and a thorough understanding of our business model and how it fits within the regulatory framework in which we must operate.’

Principaux clients

Activision Blizzard


Ares Management Corporation


Aspen Insurance Holdings Limited


AVLA SA


Axalta


Bancolombia


Borr Drilling


Celanese


Chevron


Coinbase Global Inc.


Crocs


GAN Limited


GoldenTree Asset Management LP


HSBC


JPMorgan Chase Bank, N.A


McDermott International, Ltd.


Norwegian Cruise Line


Royal Bank of Canada


Saudi Tadawul Group


Seadrill


SP Cruises


Stonepeak


Vantage Drilling International Ltd.


Principaux dossiers


  • Represented Coinbase Bermuda Services Limited in its successful Class F digital assets business license application under the Digital Asset business Act 2018 to the Bermuda Monetary Authority.
  • Represented Aspen as Bermuda legal counsel in relation to their proposed listing of shares of the Bermuda insurance company on the NYSE.
  • Represented Stonepeak Bermuda in relation to thier USD7.4bn acquisition of Textainer Group Holdings Limited by way of merger.

MJM Limited

The team at MJM Limited has experience in advising local and international clients on M&A transactions, restructurings, and cross-border projects. In particular, the group is notable for its expertise in mergers of publicly traded companies, including takeovers, as well as the acquisition and disposal of businesses assets, and corporate governance mandates. Jeremy Leese chairs the practice with expertise in IPOs and group restructurings. The group is also home to Brian Holdipp, who is skilled in corporate redomiciliations and regulatory law, and Mark Adams, who boasts onshore and offshore legal knowledge.

Responsables de la pratique:

Jeremy Leese


Autres avocats clés:

Brian Holdipp; Mark Adams; De Waal Nigrini


Les références

‘MJM has provided support for many years regarding compliance across multiple sectors, including Monetary Authority’s due diligence, regulatory and telecommunications. MJM team is proactive and have strategies and customised solutions in place to help my company navigate the local regulatory landscape.’

‘MJM’s team’s expertise composed by seasoned professionals along with their proactive approach has helped my company anticipate and mitigate compliance risk before they become issues.’

‘MJM prepares tailored strategies customised to meet my company’s needs and internal challenges. Compared to other firms, MJM stands out due to their multidisciplinary local expertise and client-centric approach.’

Principaux clients

Avance Gas Holding Ltd.


Archer Limited


Borr Drilling Ltd.


Clarien Bank Limited


Flex LNG Ltd.


2020 Bulkers Ltd.


Golar LNG Limited


Golden Ocean Group Limited


Himalaya Shipping Ltd.


HSBC


Northern Drilling Ltd.


Northern Ocean Ltd.


SFL Corporation Ltd.


Principaux dossiers


  • Advised Eurazeo S.E. on its GBP355m investment in BMS Group.
  • Advised ABG Sundal Collier and Pareto Securities on the USD250m Seacrest Petroleo IPO.
  • Advised SFL Corporation Ltd. on its USD125m bond offering.