Nov 2024
On 1 October 2024, Teekay Corporation Ltd. and Teekay Tankers Ltd. announced their redomiciliation from the Marshall Islands to Bermuda. Conyers served as special Bermuda legal counsel to the Teekay Group during the redomiciliation.
The Teekay Group has existing ties to Bermuda, and the redomiciliation decision comes as part of a broader initiative to position the NYSE-listed companies for long-term success by leveraging Bermuda’s established reputation in the international market.
Conyers lawyers Director Marcello Ausenda, Director Victor Richards, Senior Associate Alexis Haynes and Associate Joshua DeAllie advised on this matter, working alongside teams from Perkins Coie LLP and Watson Farley & Williams LLP.