Conyers
High Net Worth Guide 2024
About
The Conyers Private Client & Trust teams in Bermuda, the Cayman Islands and BVI are by far the largest offshore Private Client teams in the Bermuda / Caribbean / Americas region. The Conyers Private Client team has a long-established reputation for providing intelligent and creative solution-driven advice to ultra-high net worth clients, particularly involving private trust companies and those owning businesses worth in excess of US$1 billion. The team's client base includes individuals, families, and corporate clients including trustees and private trust companies.
The team has wide expertise including:
- the establishment of trusts and related entities,
- the restructuring of trusts, inclusive of Court applications to effect such restructuring,
- thoughtful and considered advice on governance and on-going trust administration,
- the establishment and administration of private trust companies,
- cross border structuring using trusts, and
- the use of trusts in commercial applications.
Clients benefit from Conyers’ international scope with access to our global network through long-standing close relationships with leading onshore tax and legal advisers. Our lawyers possess high levels of problem-solving acumen and deliver top-tier technical advice. They are also known for adding value by sensitively providing creative solutions to the challenging dynamics of family relationship issues.
The private client team advises individuals, families and corporate clients, including trustees, on a broad range of issues including:
- Inheritance structuring,
- Private investment structures,
- Charitable and philanthropic structures,
- Inter-generational asset transfers,
- Regulatory laws affecting cross-border transactions, and
- Local and international pension plans
The Conyers Private Client and Trust team is complemented by a team of experienced trust litigators with a worldwide reputation. The trust litigation team is at the forefront of both contentious and non-contentious trust litigation in Bermuda. The Conyers Trust Litigation team regularly act for trustees, beneficiaries, settlors and third parties. The Cayman practice has a very strong contentious trusts and estates specialty which attracts notable instructions. The team is increasingly involved in multi-party court applications, many of which are associated with trust structuring and restructuring and have complex cross-border elements.
Ranked Offices
Provided by Conyers
- HamiltonClarendon House 2 Church Street , Hamilton, Pembroke, Bermuda, HM11
- Web: www.conyers.com
- Tel: +1 441 295 1422
- Fax: +1 441 292 4720
- HamiltonRichmond House 12 Par-la-ville Road PO Box HM 666 , Hamilton, Hamilton, Bermuda, HM CX
- Road TownPO Box 3140, Commerce House Wickhams Cay 1 , Road Town, Tortola, British Virgin IslandsTortolaPO Box 3140 Wickhams Cay 1 Road Town , Tortola, Tortola, British Virgin Islands, VG1110
- Grand CaymanSIX 2nd Floor, Cricket Square 171 Elgin Avenue KY1-111, Grand Cayman, Grand Cayman, Cayman Islands, PO Box 2681
- London10 Finsbury Square , London, Greater London, UK, EC2A 1AF
Contributions
Latest contributions provided by Conyers
Conyers rankings
Articles, highlights and press releases
80 items provided by Conyers
Portfolio Insurance Companies and the Updated Beneficial Ownership Regime
As we count down to the January deadline, we take a closer look at how the updated beneficial ownership regime applies to the nearly 60 portfolio insurance companies (PICs) registered pursuant to the Insurance Act, 2010 (as amended).
GeoPark Limited US$550 Million Senior Notes Issuance
Conyers provided Bermuda law advice to GeoPark Limited (“GeoPark”) in connection with its offering of US$550 million aggregate principal amount of 8.750% Senior Notes due 2030.
New Regulatory Policy on Recognition and Approval of an Actuary
In October 2024, the Cayman Islands Monetary Authority (CIMA) issued an updated Regulatory Policy on the Recognition and Approval of an Actuary, setting out its minimum criteria and process for determining whether to recognise and approve an actuary to be appointed by a (re)insurer.
Bacardi Ltd. US$1 Billion Notes Offering
Conyers advised Bacardi Limited as the guarantor in connection with Bacardi-Martini B.V.’s US$1 billion notes offering. The notes include US$600 million aggregate amount of 5.550% notes due 2030 and US$400 million aggregate amount of 6.000% notes due 2035.
Insurance and Asset Managers in the Cayman Islands: A Perfect Marriage?
The significant growth in life & annuity reinsurance in the Cayman Islands has showed no signs of slowing in the past few years and a material ingredient of this growth is Cayman reinsurers sponsored by large private equity/asset manager groups who have had a marked footprint in the Cayman Islands.
FBS Global Limited Initial Public Offering and Nasdaq Listing
Conyers provided Cayman Islands legal advice to FBS Global Limited in connection with its initial public offering and listing on the Nasdaq exchange. The offering closed on 7 February 2025, raising total gross proceeds of US$10.125 million (before deducting underwriting and other expenses).
The Cayman Islands are home to 118,443 active companies as of 31 December 2024. This factsheet provides the reasons for the Cayman Islands’ popularity as a jurisdiction to structure international transactions.
BBB Foods US$593.25 Million NYSE Secondary Offering
Conyers has advised BBB Foods (NYSE:TBBB) on a secondary offering of its shares on the New York Stock Exchange. Under the terms of the underwritten public offering, existing shareholders of BBB Foods sold 21 million shares for an aggregate price of US$593.25 million.
Individual’s Rights Request Response Process Under Bermuda’s Personal Information Protection Act
The Personal Information Protection Act (PIPA) is a critical framework for protecting individuals’ personal information in Bermuda. Under PIPA organisations are required to adhere to several key principles, including ensuring they have a legal basis to use personal data and ensuring data accuracy.
Lifestyle China Group Limited Privatisation
Conyers acted as Cayman Islands legal counsel to Lifestyle China Group Limited in connection with its privatisation by way of a scheme of arrangement.
Key Takeaways from Airline Economics Dublin 2025
The 2025 Airline Economics Conference in Dublin highlighted several key trends and challenges currently shaping the aviation industry, with a particular focus on the leasing sector, sustainability, profitability, and financial trends.
LZ Technology Holdings Limited IPO and Nasdaq Listing
Conyers acted as Cayman Islands legal counsel to LZ Technology Holdings Limited (“LZMH”) for the initial public offering and listing of its Class B ordinary shares on the Nasdaq exchange.
The African mining industry is an attractive destination for many global mining companies, but structuring deals on the continent is not always straightforward for foreign investors in the sector.
Hang Chi Holdings Limited Privatisation
Conyers acted as Cayman Islands legal counsel to Hang Chi Holdings Limited in connection with its privatisation by way of a scheme of arrangement.
Proposed Enhancements to Bermuda’s Group Supervision Framework
On 4 December 2024, the Bermuda Monetary Authority (BMA) issued its consultation paper entitled “Proposed Enhancements to the Insurance Group Supervision Framework,” outlining regulatory updates to strengthen the BMA’s group-wide supervision framework.
Gateway Re Ltd. Notes Issuance Totalling US$520 Million
Conyers advised Gateway Re Ltd., a special purpose insurer, on its notes issuance totalling US$520 million.
The Use of Artificial Intelligence in Cayman Islands Legal Proceedings
In the 28 January 2025 judgment in Bradley & anor v Frye-Chaikin [2025] CIGC (Civ) 5, the Grand Court of the Cayman Islands addressed the use of Artificial Intelligence (AI) by a party in the preparation of written submissions.
Hestia Re Ltd. US$300 Million Series 2025-1 Notes Issuance
Conyers advised Hestia Re Ltd. on its US$300 million catastrophe bond issuance including US$200 million Series 2025-1 Class A Principal At-Risk Variable Rate Notes due 13 March 2028 and US$100 million Class B Principal At-Risk Variable Rate Notes due 13 March 2028 to investors.
A Specialist Court for a Global Hub: Celebrating 15 Years of BVI Commercial Court
Since opening its doors for business 15 years ago, the BVI Commercial Court has played a central part in the continued growth and development of the BVI as an international financial centre.
Sirius Point Ltd. Secondary Offering and Repurchase
Conyers advised SiriusPoint Ltd. (“SiriusPoint”) in connection with the secondary offering of 4,106,631 common shares, with a par value of US$0.10 per share by certain selling shareholders.
GF Financial Holdings BVI Ltd. US$380 Million Floating Rate Guaranteed Bonds Due 2028
Conyers advised GF Financial Holdings BVI Ltd. in connection with its issue of US$380 million floating rate guaranteed bonds due 2028 (the “Bonds”), which will be unconditionally and irrevocably guaranteed by GF Securities Co., Ltd. The Bonds are listed on Hong Kong Stock Exchange.
10 Things You Need To Know About… Using a Cayman Islands SPV to Structure a CLO Transaction
Special purpose vehicles (SPVs) are commonly employed as a structuring tool in many cross-border and structured finance transactions, and collateralised loan obligation (CLO) transactions are no exception. The Cayman Islands has a long history of acting as a structuring jurisdiction for CLO SPVs.
GF Financial Holdings BVI Ltd. RMB 800 Million 2.58% Guaranteed Bonds Due 2028
Conyers advised GF Financial Holdings BVI Ltd. in connection with its issue of RMB 800 million 2.58% guaranteed bonds due 2028 (the “Bonds”), which will be unconditionally and irrevocably guaranteed by GF Securities Co., Ltd. The Bonds are listed on Hong Kong Stock Exchange.
Why Corporations Looking to Move from Delaware Should Consider Redomiciling to Bermuda: A Legal View
Recent decisions in the Delaware courts have prompted many corporate groups to re-evaluate if Delaware is the best domicile for their operations.
Fosun Tourism Group Privatisation
Conyers acted as Cayman Islands legal counsel to Fosun Tourism Group in connection with its privatisation by way of scheme of arrangement.
Segregated Accounts Guidance Note: Key Regulatory Updates for Segregated Account Insurers
In July 2024, the Bermuda Monetary Authority (BMA) released its long-awaited guidance note entitled “General Business Insurers with Segregated Accounts and Separate Accounts” which provides the industry with clarity on the regulatory regime and requirements for Bermuda insurers.
Pentamaster International Limited Privatisation and Delisting from the Hong Kong Stock Exchange
Conyers provided Cayman Islands legal advice to Pentamaster International Limited (“Pentamaster International”) on its privatisation by way of a scheme of arrangement and its subsequent delisting from the Hong Kong Stock Exchange.
VASP FAQs: Key Information for Cayman Islands Virtual Asset Service Providers
Virtual Asset Service Providers (VASPs) play a crucial role in the digital asset ecosystem in the Cayman Islands. Governed by the Virtual Asset (Service Providers) Law, 2020, VASPs include entities that provide virtual asset services as a business in or from within the Cayman Islands.
Nanshan Aluminium Listing on the Main Board of The Stock Exchange of Hong Kong Limited
Conyers provided Cayman Islands and British Virgin Islands legal advice to Nanshan Aluminium International Holdings Limited in connection with its listing of shares of US$0.0000002 each in the share capital of the Main Board of The Stock Exchange of Hong Kong Limited by way of global offering.
“Fair Value” In Appraisal Actions Under The Companies Act 1981 S 106(6)
On 4 February 2025, Martin J handed down judgment in Glendina Pty Limited & Ors v NKWE Platinum Ltd (2025) SC (Bda) 15 Civ. It is the first “fair value” appraisal claim on a merger or amalgamation under the Companies Act 1981 (“Companies Act”) to go to trial in this jurisdiction in about 15 years.
Portfolio Insurance Companies and the Updated Beneficial Ownership Regime
As we count down to the January deadline, we take a closer look at how the updated beneficial ownership regime applies to the nearly 60 portfolio insurance companies (PICs) registered pursuant to the Insurance Act, 2010 (as amended).
GeoPark Limited US$550 Million Senior Notes Issuance
Conyers provided Bermuda law advice to GeoPark Limited (“GeoPark”) in connection with its offering of US$550 million aggregate principal amount of 8.750% Senior Notes due 2030.
New Regulatory Policy on Recognition and Approval of an Actuary
In October 2024, the Cayman Islands Monetary Authority (CIMA) issued an updated Regulatory Policy on the Recognition and Approval of an Actuary, setting out its minimum criteria and process for determining whether to recognise and approve an actuary to be appointed by a (re)insurer.
Bacardi Ltd. US$1 Billion Notes Offering
Conyers advised Bacardi Limited as the guarantor in connection with Bacardi-Martini B.V.’s US$1 billion notes offering. The notes include US$600 million aggregate amount of 5.550% notes due 2030 and US$400 million aggregate amount of 6.000% notes due 2035.
Insurance and Asset Managers in the Cayman Islands: A Perfect Marriage?
The significant growth in life & annuity reinsurance in the Cayman Islands has showed no signs of slowing in the past few years and a material ingredient of this growth is Cayman reinsurers sponsored by large private equity/asset manager groups who have had a marked footprint in the Cayman Islands.
FBS Global Limited Initial Public Offering and Nasdaq Listing
Conyers provided Cayman Islands legal advice to FBS Global Limited in connection with its initial public offering and listing on the Nasdaq exchange. The offering closed on 7 February 2025, raising total gross proceeds of US$10.125 million (before deducting underwriting and other expenses).
The Cayman Islands are home to 118,443 active companies as of 31 December 2024. This factsheet provides the reasons for the Cayman Islands’ popularity as a jurisdiction to structure international transactions.
BBB Foods US$593.25 Million NYSE Secondary Offering
Conyers has advised BBB Foods (NYSE:TBBB) on a secondary offering of its shares on the New York Stock Exchange. Under the terms of the underwritten public offering, existing shareholders of BBB Foods sold 21 million shares for an aggregate price of US$593.25 million.
Individual’s Rights Request Response Process Under Bermuda’s Personal Information Protection Act
The Personal Information Protection Act (PIPA) is a critical framework for protecting individuals’ personal information in Bermuda. Under PIPA organisations are required to adhere to several key principles, including ensuring they have a legal basis to use personal data and ensuring data accuracy.
Lifestyle China Group Limited Privatisation
Conyers acted as Cayman Islands legal counsel to Lifestyle China Group Limited in connection with its privatisation by way of a scheme of arrangement.
Key Takeaways from Airline Economics Dublin 2025
The 2025 Airline Economics Conference in Dublin highlighted several key trends and challenges currently shaping the aviation industry, with a particular focus on the leasing sector, sustainability, profitability, and financial trends.
LZ Technology Holdings Limited IPO and Nasdaq Listing
Conyers acted as Cayman Islands legal counsel to LZ Technology Holdings Limited (“LZMH”) for the initial public offering and listing of its Class B ordinary shares on the Nasdaq exchange.
The African mining industry is an attractive destination for many global mining companies, but structuring deals on the continent is not always straightforward for foreign investors in the sector.
Hang Chi Holdings Limited Privatisation
Conyers acted as Cayman Islands legal counsel to Hang Chi Holdings Limited in connection with its privatisation by way of a scheme of arrangement.
Proposed Enhancements to Bermuda’s Group Supervision Framework
On 4 December 2024, the Bermuda Monetary Authority (BMA) issued its consultation paper entitled “Proposed Enhancements to the Insurance Group Supervision Framework,” outlining regulatory updates to strengthen the BMA’s group-wide supervision framework.
Gateway Re Ltd. Notes Issuance Totalling US$520 Million
Conyers advised Gateway Re Ltd., a special purpose insurer, on its notes issuance totalling US$520 million.
The Use of Artificial Intelligence in Cayman Islands Legal Proceedings
In the 28 January 2025 judgment in Bradley & anor v Frye-Chaikin [2025] CIGC (Civ) 5, the Grand Court of the Cayman Islands addressed the use of Artificial Intelligence (AI) by a party in the preparation of written submissions.
Hestia Re Ltd. US$300 Million Series 2025-1 Notes Issuance
Conyers advised Hestia Re Ltd. on its US$300 million catastrophe bond issuance including US$200 million Series 2025-1 Class A Principal At-Risk Variable Rate Notes due 13 March 2028 and US$100 million Class B Principal At-Risk Variable Rate Notes due 13 March 2028 to investors.
A Specialist Court for a Global Hub: Celebrating 15 Years of BVI Commercial Court
Since opening its doors for business 15 years ago, the BVI Commercial Court has played a central part in the continued growth and development of the BVI as an international financial centre.
Sirius Point Ltd. Secondary Offering and Repurchase
Conyers advised SiriusPoint Ltd. (“SiriusPoint”) in connection with the secondary offering of 4,106,631 common shares, with a par value of US$0.10 per share by certain selling shareholders.
GF Financial Holdings BVI Ltd. US$380 Million Floating Rate Guaranteed Bonds Due 2028
Conyers advised GF Financial Holdings BVI Ltd. in connection with its issue of US$380 million floating rate guaranteed bonds due 2028 (the “Bonds”), which will be unconditionally and irrevocably guaranteed by GF Securities Co., Ltd. The Bonds are listed on Hong Kong Stock Exchange.
10 Things You Need To Know About… Using a Cayman Islands SPV to Structure a CLO Transaction
Special purpose vehicles (SPVs) are commonly employed as a structuring tool in many cross-border and structured finance transactions, and collateralised loan obligation (CLO) transactions are no exception. The Cayman Islands has a long history of acting as a structuring jurisdiction for CLO SPVs.
GF Financial Holdings BVI Ltd. RMB 800 Million 2.58% Guaranteed Bonds Due 2028
Conyers advised GF Financial Holdings BVI Ltd. in connection with its issue of RMB 800 million 2.58% guaranteed bonds due 2028 (the “Bonds”), which will be unconditionally and irrevocably guaranteed by GF Securities Co., Ltd. The Bonds are listed on Hong Kong Stock Exchange.
Why Corporations Looking to Move from Delaware Should Consider Redomiciling to Bermuda: A Legal View
Recent decisions in the Delaware courts have prompted many corporate groups to re-evaluate if Delaware is the best domicile for their operations.
Fosun Tourism Group Privatisation
Conyers acted as Cayman Islands legal counsel to Fosun Tourism Group in connection with its privatisation by way of scheme of arrangement.
Segregated Accounts Guidance Note: Key Regulatory Updates for Segregated Account Insurers
In July 2024, the Bermuda Monetary Authority (BMA) released its long-awaited guidance note entitled “General Business Insurers with Segregated Accounts and Separate Accounts” which provides the industry with clarity on the regulatory regime and requirements for Bermuda insurers.
Pentamaster International Limited Privatisation and Delisting from the Hong Kong Stock Exchange
Conyers provided Cayman Islands legal advice to Pentamaster International Limited (“Pentamaster International”) on its privatisation by way of a scheme of arrangement and its subsequent delisting from the Hong Kong Stock Exchange.
VASP FAQs: Key Information for Cayman Islands Virtual Asset Service Providers
Virtual Asset Service Providers (VASPs) play a crucial role in the digital asset ecosystem in the Cayman Islands. Governed by the Virtual Asset (Service Providers) Law, 2020, VASPs include entities that provide virtual asset services as a business in or from within the Cayman Islands.
Nanshan Aluminium Listing on the Main Board of The Stock Exchange of Hong Kong Limited
Conyers provided Cayman Islands and British Virgin Islands legal advice to Nanshan Aluminium International Holdings Limited in connection with its listing of shares of US$0.0000002 each in the share capital of the Main Board of The Stock Exchange of Hong Kong Limited by way of global offering.
“Fair Value” In Appraisal Actions Under The Companies Act 1981 S 106(6)
On 4 February 2025, Martin J handed down judgment in Glendina Pty Limited & Ors v NKWE Platinum Ltd (2025) SC (Bda) 15 Civ. It is the first “fair value” appraisal claim on a merger or amalgamation under the Companies Act 1981 (“Companies Act”) to go to trial in this jurisdiction in about 15 years.