Mr Michael Hanson

Michael Hanson

Lawyer biography

Michael Hanson is the managing partner of Carey Olsen Bermuda. His core practice involves advising on the legal and commercial implications of employment and immigration legislation. He acts for international businesses with offices in Bermuda such as banks, insurers, reinsurers, accountancy firms and hedge funds. In the local market, he acts for some of the largest private companies on workforce issues and labour disputes.
 
He also has a more general practice advising clients on commercial contract claims, reinsurance and coverage disputes and shareholder disputes.
 
Michael has built a reputation for providing clear and practical advice tailored to the unique jurisdictional issues of the offshore environment.
 
Career
 
Prior to joining Carey Olsen in 2017, Michael was partner and head of the employment and immigration at another offshore law firm in Bermuda. Before relocating to Bermuda in 2012, he spent six years at DAC Beachcroft LLP and two years at Thrings LLP in the UK.
 
In 2013, Michael was appointed as Chairman of the Human Rights Commission in Bermuda under the provisions of the Human Rights Act 1981.
 
Michael is also on the board of the Bermuda Chamber of Commerce, which is the Island’s oldest and largest trade organisation.

Updates

Company & Commercial

Privy Council clarifies Bermuda's '60/40 rule'
Bermuda | 01 July 2019

In a judgment which is likely to have wide-ranging implications for local companies subject to the '60/40 rule', the Privy Council recently held that local companies may confer on non-Bermudians "de facto control by commercial arrangements", provided that non-Bermudians have no control over the manner in which directors and shareholders vote.

Employment & Benefits

The art of war: keeping and attracting talent in disrupted labour markets
International | 24 April 2019

There are several steps that employers can take to mitigate the risk of their employees leaving to join a competitor. Many employers already offer incentive-based remuneration packages which aim to align their longer-term interests with those of their employees. While such long-term incentive plans, together with a clear communication strategy, can assist with retention, employers should actively consider additional measures.

Private Client & Offshore Services

Update to Bermuda's economic substance legislation
Bermuda | 01 August 2019

A number of important updates to Bermuda's economic substance regime were introduced in June 2019. These include the recent enactment of the Economic Substance Amendment Act, which, among other things, excludes non-resident entities from the scope of the economic substance regime and modifies the provisions that govern the exchange of information. Further, the registrar of companies has issued guidance notes to help entities determine whether they fall within the economic substance regime.

Privy Council clarifies Bermuda's '60/40 rule'
Bermuda | 27 June 2019

In a judgment which is likely to have wide-ranging implications for local companies subject to the '60/40 rule', the Privy Council recently held that local companies may confer on non-Bermudians "de facto control by commercial arrangements", provided that non-Bermudians have no control over the manner in which directors and shareholders vote.