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Informa
Jun 04
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08:00 - 08:30 30 mins
Registration
08:30 - 09:10 40 mins
Breakfast Briefing - Room 1
Information Security and Reputation and Crisis management
  • Michael Farrant - Partner, Project Associates
  • Brian Lord OBE - Former Director of intelligence and Cyber Operations, Formely GCHQ
08:30 - 09:10 40 mins
Breakfast Briefing - Room 2
Bermuda Update
08:30 - 09:10 40 mins
Breakfast Briefing - Room 3
Latest Planning Tips and Traps for UK RND Clients and their Trustees
  • Patrick Harney - Head of Private Client, Forsters
  • Jonathan Riley - Partner, Michelmores
08:30 - 09:10 40 mins
Breakfast Briefing - Room 4
Property Investment US
  • Sasha Grinberg - Associate, Cadwalder
  • Dina Sanna - Partner, Day Pitney
09:10 - 09:20 10 mins
Chairmen’s Opening Remarks
  • Mr Jonathan Conder - Partner, Macfarlanes
  • Basil Zirinis - Partner, Sullivan & Cromwell LLP
09:20 - 09:30 10 mins
Opening Welcome from the Government of Bermuda
  • The Hon. Premier David Burt - Premier, The Goverment of Bermuda
  • Ross Webber - Chief Executive officer, BDA
09:30 - 10:15 45 mins
Overview of the Private Client World – Setting the Scene

This opening session will give an overview of the current factors at play around the world.

 With a focus on trends affecting the industry including topics such as CRS/transparency and a look at where are people moving to and where is the wealth flowing.

This session will provide an overview of issues which will be developed and delved into in greater depth later on in the program.   


  • Joshua Rubenstein - Head of Trusts & Estates, Katten Muchin Rosenman LLP
  • Clare Maurice - Partner, Maurice Turnor Gardner
10:15 - 10:45 30 mins
Refreshment Break
10:45 - 11:35 50 mins
International Trust Litigation Update

An informative session giving a roundup of the most current cases from around the world.

  • Shân Warnock-Smith QC - Barrister, ICT Chambers
  • James Brightwell - Barrister, Serle Court
11:35 - 12:20 45 mins
Transparency/Disclosure Update for Trustees
  • Privilege in trust relationships- the Bermudan case law
  • Use of disclosed information in other proceedings [there is also some Bermuda case law on this]
  • Without prejudice rule in blessing applications [recent Guernsey case on this]
  • Sharing trustee-beneficiary dialogues with other beneficiaries?
  • Jonathan Hilliard QC - Barrister, Wilberforce Chambers
  • Jonathan Dunlop - Vice President, Butterfield Trust (Bermuda) Limited
12:20 - 13:30 70 mins
Lunch
13:30 - 13:40 10 mins
Steam 2 - Litigation
Moderator's Opening Remarks
  • Jeremy Kosky - Partner, Clifford Chance LLP
13:30 - 13:40 10 mins
Steam 3 - Offshore Update
Moderator's Opening Remarks
13:40 - 14:10 30 mins
Steam 2 - Litigation
Family

Nuptial settlements for the purposes of the Matrimonial Causes Act 1973

  • General principles 
    • General principles of division of assets upon divorce post White/ Charman (sharing not needs); Court’s powers to make orders on divorce, foreign divorce
  • What is a nuptial settlement?
    • What is a nuptial settlement (Ben Hashem), and recent examples
  • Court powers
    • Explanation of the breadth of the powers of the family court in England & Wales in respect of trust assets:
    • Variation of nuptial settlement
    • Thomas v Thomas/ judicious encouragement
    •  Prest v Petrodel – resulting trust
    • Limited circumstances in which the court can pierce the corporate veil
  • Practical implications
    • Off-shore firewall legislation; enforcement of English orders against trustees etc.
  • Dawn Goodman - Partner, Withers
  • Mark Harper - Partner, Hughes Fowler Carruthers
13:40 - 14:10 30 mins
Steam 3 - Offshore Update
Offshore update Caribbean – Bahamas & Cayman
14:10 - 14:40 30 mins
Steam 2 - Litigation
Litigation Publicity
  • Balancing “justice being seen to be done” and kidnap risk
  •  Advice to clients who want to court publicity for their case
  • What the judges think
  •  Settlement strategy - does publicity help the cause?
  • PR professionals
  • Advice to clients being tried in the press
  • Drawing the line
  •  Forms of media - social media, tabloid press, legal press etc
  • What can you do - reactive/proactive PR, legal correspondence, defamation 
  • How to deal with individual clients at times of publicity
  • Corporate client issues - e.g. pitching for new business when the world knows you are being sued and internal information flows and team morale
  • Jeremy Kosky - Partner, Clifford Chance LLP
14:10 - 14:40 30 mins
Steam 3 - Offshore Update
Offshore Update Channel Islands
  • Natasha Kapp - Partner, Carey Olsen
14:40 - 14:50 10 mins
Steam 2 - Litigation
Moderator's Closing Remarks
14:40 - 14:50 10 mins
Steam 3 - Offshore Update
Moderator's Closing Remarks
14:50 - 15:20 30 mins
Refreshment Break
15:20 - 16:00 40 mins
US Tax Update

Discussion of the most controversial legislative change and the biggest rewrite of the US's tax code for 20+ years including:

  • marginal tax rates,
  •  Estate/Gift tax threshold is doubled while certain deductions are also limited or abolished
  •  US resident owners of foreign corporations may also be directly impacted by the corporate tax changes in ways not widely understood and more..
  • What is the impact?
  • Moderator Stanley Barg - Partner, Kozusko Harris Duncan
  • Iain Younger - Director, Frank Hirth
16:00 - 16:50 50 mins
Family Businesses - Succession Issues

Covering issues such as:

  • Trustees having to diversify 
  • Pressures faced by trustees
  • Disruption on sale/transfer/disputes etc
  • Moderator Sara Schroter Ross - General Counsel, Meritus Trust Company Limited
  • Randall Krebs - Director, Harbour International Trust Company Limited
16:50 - 17:00 10 mins
Chairmen’s Summation
  • Mr Jonathan Conder - Partner, Macfarlanes
  • Basil Zirinis - Partner, Sullivan & Cromwell LLP
17:00 - 18:30 90 mins
Rising Stars Drinks Reception (for Rising Stars only - everyone else may change prior to the beach party)

For Rising Star Entrants only

18:30 - 20:30 120 mins
Beach Party Hosted by Meritus Trust

Please note this will be on the beach so please wear appropriarte footwear.

  • Introduced by Michelle Wolfe - Partner, Meritus Trust Company
20:30 - 22:00 90 mins
Dinner on the Beach
08:00 - 08:30

Registration

Showing of Streams
09:10 - 09:20

Chairmen’s Opening Remarks

  • Mr Jonathan Conder - Partner, Macfarlanes
  • Basil Zirinis - Partner, Sullivan & Cromwell LLP
more
09:20 - 09:30

Opening Welcome from the Government of Bermuda

  • The Hon. Premier David Burt - Premier, The Goverment of Bermuda
  • Ross Webber - Chief Executive officer, BDA
more
09:30 - 10:15

Overview of the Private Client World – Setting the Scene

This opening session will give an overview of the current factors at play around the world.

 With a focus on trends affecting the industry including topics such as CRS/transparency and a look at where are people moving to and where is the wealth flowing.

This session will provide an overview of issues which will be developed and delved into in greater depth later on in the program.   


  • Joshua Rubenstein - Head of Trusts & Estates, Katten Muchin Rosenman LLP
  • Clare Maurice - Partner, Maurice Turnor Gardner
more
10:15 - 10:45

Refreshment Break

10:45 - 11:35

International Trust Litigation Update

An informative session giving a roundup of the most current cases from around the world.

  • Shân Warnock-Smith QC - Barrister, ICT Chambers
  • James Brightwell - Barrister, Serle Court
more
11:35 - 12:20

Transparency/Disclosure Update for Trustees

  • Privilege in trust relationships- the Bermudan case law
  • Use of disclosed information in other proceedings [there is also some Bermuda case law on this]
  • Without prejudice rule in blessing applications [recent Guernsey case on this]
  • Sharing trustee-beneficiary dialogues with other beneficiaries?
  • Jonathan Hilliard QC - Barrister, Wilberforce Chambers
  • Jonathan Dunlop - Vice President, Butterfield Trust (Bermuda) Limited
more
12:20 - 13:30

Lunch

Showing of Streams
14:50 - 15:20

Refreshment Break

15:20 - 16:00

US Tax Update

Discussion of the most controversial legislative change and the biggest rewrite of the US's tax code for 20+ years including:

  • marginal tax rates,
  •  Estate/Gift tax threshold is doubled while certain deductions are also limited or abolished
  •  US resident owners of foreign corporations may also be directly impacted by the corporate tax changes in ways not widely understood and more..
  • What is the impact?
  • Moderator Stanley Barg - Partner, Kozusko Harris Duncan
  • Iain Younger - Director, Frank Hirth
more
16:00 - 16:50

Family Businesses - Succession Issues

Covering issues such as:

  • Trustees having to diversify 
  • Pressures faced by trustees
  • Disruption on sale/transfer/disputes etc
  • Moderator Sara Schroter Ross - General Counsel, Meritus Trust Company Limited
  • Randall Krebs - Director, Harbour International Trust Company Limited
more
16:50 - 17:00

Chairmen’s Summation

  • Mr Jonathan Conder - Partner, Macfarlanes
  • Basil Zirinis - Partner, Sullivan & Cromwell LLP
more
17:00 - 18:30

Rising Stars Drinks Reception (for Rising Stars only - everyone else may change prior to the beach party)

For Rising Star Entrants only

more
18:30 - 20:30

Beach Party Hosted by Meritus Trust

Please note this will be on the beach so please wear appropriarte footwear.

  • Introduced by Michelle Wolfe - Partner, Meritus Trust Company
more
20:30 - 22:00

Dinner on the Beach