Carey Olsen

Carey Olsen advises Tapir Holdings Ltd. on acquisition of shares in Rendeavour Holding Limited and subsequent listing on Bermuda Stock Exchange As part of the generation of funding and the consideration for the Acquisition, Tapir issued a total of 202,662,602 new ordinary shares, which were admitted for listing on the Mezzanine Market of the Bermuda Stock Exchange by way of subsequent listing (the "Listing"). Carey Olsen Bermuda Limited advised Tapir on all Bermuda law aspects of the Acquisition and Carey Olsen Listing Services Bermuda Limited acted as listing sponsor to Tapir in relation to the Listing. Clairen BSX Services Limited acted as trading member to Tapir...

Carey Olsen advises Paratus Energy Services on the issuance of a US$500 million senior secured bond This transaction marks one of the largest bond issuances in the Nordic bond market in recent years and was significantly oversubscribed, reflecting robust investor confidence and strong market demand. The successful issuance underscores Paratus' strong market position and strategic financial planning, while also highlighting Carey Olsen's expertise in navigating complex financial markets and delivering exceptional legal services. The Carey Olsen Bermuda corporate team advising on the transaction comprised partner Steven Rees Davies, counsel

Energy performance certificates: a step towards sustainability

Removal of a director on an ex parte basis: when is such relief appropriate? Introduction In Garofalo v Crisp [2024] EWHC 1737 (Ch), the High Court of England and Wales continued an ex parte injunction which resulted in the removal of Mr Crisp, a director on the board of various companies within the Valorem group of companies (Relevant Companies), and the appointment of new directors, thereby altering the status quo of the companies at the time, on the basis that there was "high degree of assurance" that the petitioner, Mr Garofalo, would succeed at trial of an unfair prejudice petition and the balance of convenience was in favour of continuing the order...