Resumen de Bermuda LLCs: a new entity in a familiar form
The article focuses on the formation and operation of limited liability companies (LLCs) after the passage of Limited Liability Company Act 2016 in Bermuda. It mentions that affairs of a Bermuda LLC are governed by an agreement rather than by statutorily mandated constitutional documents common with a partnership. It also mentions that corresponding simplified corporate governance of Bermuda LLCs for wide range of activities ranging from asset holding companies and joint ventures.
