Caribbean - Bermuda

Carey Olsen Bermuda Limited

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Carey Olsen Bermuda Limited's versatile practice covers a wide range of both contentious and non-contentious regulatory and compliance issues, with core strengths in providing transactional and non-transactional regulatory guidance for new businesses and advising on ongoing compliance. Michael Hanson, managing partner and co-head of the practice, specialises in multi-jurisdictional crisis management, regulatory investigations, and complex executive disputes. Steven Rees Davies, an expert in the fintech and digital asset sector, and Gavin Woods, renowned for his ‘knowledgeable and tailored’ approach in the insurance sector, also co-head the team. Kyle Masters contributes his expertise in regulatory matters in the telecoms and energy sectors, and in connection with corporate disputes. Other team members include senior counsel Michael Frith, whose experience spans the full spectrum of Bermuda corporate law, and counsel Ashley Fife, who similarly assists with a wide range of corporate and regulatory matters, with a particular focus on private and commercial trust structure transactions.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Reliable and accurate advice taking into account all aspects of regulatory framework including both strict legal requirements, interpretative nuances and regulatory approach to enforcement.’

  • ‘Gavin Woods and Max Tetlow provide knowledgeable and tailored advice factoring in a wide range of considerations to ensure commercial realities are not lost in the context of the provision of personalized regulatory advice which is as succinct as possible whilst highlighting key risks and other relevant considerations for the client.’

Key clients

  • Alcority Services Limited
  • Annuity & Life Re Limited and Pope Asset Management LLP
  • BCT Limited
  • Bermuda Captive Network
  • Bermuda Electric Light Company Limited (BELCO)
  • Cactus Limited
  • Chard Re Investment Management
  • Fidelity National Title Insurance Company Limited
  • Fortitude Re
  • Granville Technology Group Limited (In liquidation)
  • Hiscox
  • JetBlue Airways Corporation
  • Mexico Infrastructure Finance LLC
  • NewOcean Energy Holdings Ltd
  • OT Computers Limited (In liquidation)
  • RenaissanceRe Holdings
  • SiriusPoint
  • Teneo Bermuda
  • Transocean
  • Trump Panama Hotel Management LLC and Trump International Hotels Management, LLC
  • VMT Limited (In liquidation)
  • Waterloo Investment Holdings
  • World on Wireless Ltd (Joint Provisional Liquidators of World on Wireless Ltd)

Work highlights

  • Advised Chard Re Investment Ltd, in respect of the Investment Business Act 2003 and liaised with the Bermuda Monetary Authority regarding same in respect of the designation of Chard Re Investment Management Ltd., as a Non-Registerable Person under the Investment Business Act 2003 as a result of its registration as an insurance agent.
  • Acted for BELCO, the sole electricity provider in Bermuda, in an appeal proceeding before the Supreme Court of Bermuda.
  • Acting for the liquidators (Grant Thornton UK) in a Supreme Court action which seeks the enforcement of an $80 million English High Court judgment in Bermuda against the shares of a Bermuda subsidiary of a Taiwanese judgment debtor.

Lawyers

Next Generation Partners

Kyle Masters

Carey Olsen

Kyle is a partner in the firm's Bermuda office with extensive experience in regulatory and compliance law, internal and external risk mitigation, corporate governance, enforcement actions and business strategy. He has appeared as an advocate in the Bermuda Supreme Court and Court of Appeal undertaking a wide variety of commercial and civil litigation. He has particular expertise on regulatory matters including telecommunications and energy law, employment law, and general corporate disputes.

Practice head

The lawyer(s) leading their teams.

Michael Hanson, Kyle Masters, Gavin Woods, Steven Rees Davies

Other key lawyers

Michael Frith, Ashley Fife, Charissa Ball, Alexandra Fox, Max Tetlow