What We Say

INTRODUCTION Almost a decade ago, the then US vice-president Al Gore spoke, rather fancifully it seemed at the time, of the coming “information superhighway”. The term already sounds old-fashioned: it has a 90s ring to it, and nothing dates as much as the recent past. Nevertheless, it is undeniable that Mr. Gore’s superhighway has come about and that the vehicles of international trade and commerce are racing along it at an ever-quicker pace. One of …

INTRODUCTION The offshore insurance industry started in the 1960s in Bermuda where the captive insurance company was first developed as a recognized commercial vehicle by major US corporations seeking alternative methods to finance their risks. In those days, this simple risk transfer mechanism not only potentially lowered the cost of insurance for the parent corporation but also enabled it to retain control of the investment income and reserves while allowing the premiums paid to be …

In an important decision for the jurisdiction, Ariel Misick Q.C. and Alexander Heylin appeared for Flight Support Limited in front of Justice Margaret Ramsay-Hale in the Supreme Court. The TCIAA, TCI’s Government-owned airports operator, had entered into a joint venture for the monopoly provision of ground services at TCI’s main airport. Flight Support, a company already engaged in the provision of such services, and whose business would have been badly damaged by the proposed monopoly, …