Index card Walkers (Bermuda) Ltd v Bermuda Bar Council

Walkers (Bermuda) Ltd v Bermuda Bar Council

Hearings

Bermuda

10 Jun 2019 [2019] UKPC 25; [2020] AC 1082; [2019] 3 WLR 391; [2019] WLR (D) 347; Case details, PC (Lord Reed DPSC, Lord Kerr of Tonaghmore, Lord Hodge, Lord Briggs, Lady Arden JJSC)

Subject Matter

COMPANY — Bermuda — Company — Control — Prohibition on control of local companies by non-Bermudians — Bermudian company making draft agreement with global law firm — Proposed agreement preserving Bermudian control of all company-related voting rights but allowing for effective commercial control by global firm — Whether company “controlled by Bermudians” — Whether “control” to be determined by reference to voting power of directors and shareholders or to wider commercial arrangements — Bermuda Bar Act 1974, s 16C (as inserted by Bermuda Bar Amendment Act 2009, s 10) — Companies Act 1981 (Bermuda), s 114, Sch 3, Pt I (as amended by Companies Amendment Act 1996, s 13)

[2019] UKPC 25; [2020] AC 1082; [2019] 3 WLR 391; [2019] WLR (D) 347; Case details, PC

Subscribe or Register to access the full case information page. Registered users can access three Law Reports, three case information pages and perform three Case Genie searches per month. If you already have an ICLR account please log in. For other queries or to request a free trial please contact ICLR.

MoJ users should log in here.