Walkers' Cayman and Guernsey offices advise on the $1.3 billion acquisition of Cowen Inc. by TD Bank Group

Mar 15, 2023

A man in a business suit signing a legal contract.

A team led by Cayman Islands Finance & Corporate partner Justin Hart and Guernsey Investment Funds & Corporate partners Kate Storey and Craig Cordle advised on the Cayman and Guernsey law elements of the matter, working alongside lead counsel Simpson Thacher & Bartlett LLP.

The deal sees TD expand its US investment banking business and capabilities in a move that accelerates its strategic growth plans in the US market. TD now has 6,500 professionals in 40 cities across the globe.

Kate said: "We are pleased to have supported our client on this major M&A transaction, which involved providing corporate and regulatory advice in relation to Kelvin Re, a Guernsey-licensed reinsurer. It is also pleasing to be able to work with our colleagues in Cayman and to be able to provide a joined-up service to our client.

The teams included Cayman Islands senior counsel Michael Beck.

Corporate, Mergers & Acquisitions Cayman Islands Guernsey

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