Bermuda Investment Advisory Services

Bermuda Chief Justice Ian Kawaley has taken the extraordinary step of holding prominent offshore law firm Conyers Dill & Pearman and one of its attorneys, Ray DeSilva, liable for costs in a legal action after neither the law firm nor its client turned up for a trial.

Ex Tempore Costs Ruling in Bermuda Investment Advisory Services Limited v. Aurelia Research (Bermuda) Limited at Bermuda Supreme Court.

Bermuda Investment Advisory Services Limited vs. The Accountant General - Bermuda Supreme Court

Bermuda Investment Advisory Services Limited vs. Aurelia Research (Bermuda) Limited - Bermuda Supreme Court

Lines Overseas Management Ltd vs. Bermuda Investment Advisory Services Ltd. et al. - Bermuda Supreme Court

Abacus Trust Limited (as Trustee of the Flavio Trust) vs. A. F. Smith Trading Company Limited - Bermuda Supreme Court

Bermuda Investment Advisory Services Limited vs. A. F. Smith Trading Company Limited - Bermuda Supreme Court

We devote a large portion of this month's Insider Talking to Lines Overseas Management, which is based in Bermuda and also has offices in the Cayman Islands and Guernsey, including a letter from one of the company's Cayman-based financial advisors that makes inaccurate claims and promotes illegal activity; We end this segment on LOM by revealing the contents of a letter written this month to a potential US client by Joe P. Montgomery, a financial advisor with LOM (Cayman), whose services as advertised by Montgomery would appear to be a money launderer's dream; The frequency with which Robert Pires, owner of stock broker/financial adviser Bermuda Investment Advisory Services, and members of his staff fall out, leading to staff departures, continues to occur at an alarming rate; We have reported in the past about John Deuss' courting of the Progressive Labour Party in the run up to this year's General Election; a relationship that has involved wining and dining PLP leader Jennifer Smith on his luxury schooner and paying off the mortgage of the PLP's party headquarters; The first of two lawsuits that are being brought against Cayman Minister of Land John McLean is due to be filed at the Grand Court of the Cayman Islands during September, not August, as we had previously expected; and The government of Nevis narrowly failed to take the island independent in a referendum held on August 10.

The Bank of Bermuda Limited vs. Bermuda Investment Advisory Services Limited et al. - Bermuda Supreme Court