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Jurisdictions

More details on new law to protect Bermuda officers and directors from complaints of negligence

Last month's story about amendments to The Companies Act in Bermuda that effectively severely hinders the ability of creditors and disgruntled shareholders to sue auditors, officers and directors for acts of negligence caused uproar on the island among those who penned the law.John Campbell, a senior lawyer in Bermuda, was quoted in an article in The Royal Gazette daily newspaper as saying: "The whole article is so far wide of the mark that it would be a pointless exercise to dignify it with a response.