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Walkers BVI Boosts Funds Practice with Hire of Senior Counsel Paul Waldron

Walkers is pleased to announce that Paul Waldron has re-joined the BVI office as a senior counsel in the firm's Global Investment Funds Group. Paul previously worked with Walkers between 2014 and 2019 in its BVI, Dublin and Hong Kong offices.

Paul brings more than 15 years' experience as a funds lawyer to the firm and has a wealth of expertise, having practised law in the British Virgin Islands, Hong Kong, Guernsey and Ireland. Paul regularly acts for promoters, investment managers and service providers, acting on a variety of investment fund structures.  He has extensive experience advising on the establishment and operation of BVI hedge funds, real estate funds, private equity arrangements and other alternative investment products. 

Matthew Cowman, Walkers' BVI Office Managing Partner stated, "We are delighted that Paul has re-joined our BVI office. His extensive experience will enhance our practice and global team and we look forward to seeing continued growth in Walkers' BVI funds practice."

Walkers Celebrates 5 Lawyers in IFLR1000 Women Leaders 2021

Walkers is delighted to announce that five of its partners from across its Cayman, Guernsey, Ireland and Jersey offices have been included in the recently published IFLR1000 Women Leaders for 2021.

Global Managing Partner Ingrid Pierce and partners Sarah Brehaut, Alexandra Corner, Noeleen Ruddy and Caroline Williams are included in the list of around 750 women who IFLR describe as "an elite group of lawyers with outstanding reputations within their markets who either have expertise and experience of working on complex deals, or who have risen to hold leadership roles with their firms or their practices".

IFLR1000 Women Leaders are the most prominent female lawyers working in the areas of law within their jurisdictions.

Ingrid Pierce, Global Managing Partner, Investment Funds, Cayman Islands

Ingrid has over 20 years' experience and is recognised as one of the world's leading investment funds lawyers. She acts for major institutions, asset managers, insurers, reinsurers, trustees and other fiduciaries. Her clients include many of the Who's Who of asset managers.

Ingrid advises on directors' duties and responsibilities, indemnities, confidentiality laws and issues related to electronic communication. She has particular expertise in advising funds on managing distress in volatile markets and has considerable experience with contentious matters having acted in connection with the acquisition, restructuring and winding down of various high profile funds.

"She is one of the finest lawyers in the world. She's grown up in this industry and understands the issues from the base." - Chambers and Partners

Sarah Brehaut, Partner, Insolvency & Dispute Resolution, Guernsey

Sarah is an experienced court-going Advocate who frequently represents liquidators in respect of contentious and non-contentious matters before Guernsey's Royal Court in relation to compulsory and voluntary winding-up, and holds the BPP Certificate of Proficiency in Corporate Insolvency (for which she received the highest exam result in the country).

Sarah also advises and represents directors of regulated entities in respect of regulatory investigations and disputes. She has significant experience in all aspects of commercial dispute as well as considerable experience of appearing in the Magistrate’s Court, Royal Court and Court of Appeal.

"Sarah Brehaut is a highly impressive advocate. Always fully committed to her client’s case but never losing the ability to identify the weaknesses as well as the strengths which makes her a formidable mediation advocate." - Legal 500

Alexandra Corner, Partner, Finance & Corporate, Jersey

She is the Practice Group Head for Walkers' Banking & Finance team across Jersey and Guernsey and has been working offshore for more than 20 years. Alexandra has been admitted in Jersey since 2003 and has practised both in the Island and in the City.

Her areas of specialism include complex real estate finance instructions, subscription lines and other fund finance matters and debt capital markets work include note issuances, repackagings, and securitisations.

"Alexandra Corner 'is very professional, responds to queries in a timely fashion and is also extremely approachable,' reports a market source." – Chambers and Partners

Noeleen Ruddy, Partner, Finance & Capital Markets, Ireland

Noeleen advises international financial institutions, investment banks, arrangers, managers, private equity, hedge funds, agents and trustees in relation to a wide range of structured products transactions including securitisations (RMBS, ABS, CMBS), debt offerings, CLOs (whether cash, synthetic or hybrid), CAT bonds and Commercial Paper Programmes.

Noeleen has also advised on combined QIAIF/SPV transactions, distressed, stressed, performing and non-performing debt deals and other bespoke structured product transactions.

"Noeleen Ruddy advises on a comprehensive range of structured finance transactions…Clients say: "She is phenomenal - I wish all lawyers were like her. She understands what we are trying to achieve and is a pleasure to work with." - Chambers and Partners

Caroline Williams, Partner, Investment Funds, Cayman Islands

Caroline has a broad private funds practice specialising in both hedge funds and private equity. Caroline has extensive experience advising private equity fund sponsors on the structuring and formation of funds and co-investment and alternative investment vehicles and the completion of transactions undertaken by them.

Caroline has broad experience advising on the sale and purchase of portfolio investments and advising on secondary transactions. Her practice also encompasses advising on initial public offerings, mergers and acquisitions, joint ventures, corporate reorganisations and capital call financing. Caroline acts for leading financial institutions, investment managers, including institutional sponsors of private equity and hedge funds, and also boutique and start-up managers.

A "very highly regarded lawyer" who "has a lot of experience" and is "very thoughtful and commercial." - Chambers and Partners

Alexander McGrath 58th Caymanian Attorney to Train at Walkers

Walkers is pleased to announce the admission of Alexander McGrath, who is the 58th Caymanian to be trained with the firm as part of its comprehensive Legal Training Programme and called to the Cayman Islands Bar as an Attorney-at-Law.

Alex was a recipient of the 2016 Walkers Legal Scholarship and in 2018 completed his LLB degree at The University of Manchester, where he was awarded an Upper Second Class Honours degree. He went on to complete the Legal Practice Course at the University of Law in London Moorgate in 2019 and was awarded a Commendation. During his studies, Alex participated in three legal internships with Walkers, where he spent time with the Finance & Corporate, Insolvency & Dispute Resolution and Investment Funds groups.

While working at Walkers, Alex developed an interest in mentoring other young Caymanians who aspire to a career in law. He has participated in Walkers' Annual Career Fair and has made presentations to students at the Truman Bodden Law School and local high schools.

"Being the 58th Caymanian to be trained by Walkers and called to the Cayman Islands Bar speaks volumes to the quality of the Walkers Legal Training Programme," Alex shared during his admission speech. "It is a testament to Walkers' commitment to training and preparing young Caymanians for a demanding, yet very rewarding career as a lawyer."

Alex was articled to Walkers' partner Colette Wilkins. As his Principal, Colette was particularly pleased to be able to move the application for Alex's admission to the Cayman Bar before Hon. Justice Williams. While doing so Colette noted that, "Alex has made a significant impression on everyone he's worked with in the firm and excelled in every department he worked in during his articles of clerkship. He has an extremely strong work ethic and will make an excellent addition to the Finance & Corporate team at Walkers."

In his free time, Alex is an avid rugby player and represented the Cayman Islands in the Under-19 North American and Caribbean Championships in 2018.

Advocate Tatiana Collins Joins Walkers' Growing Jersey Team as Senior Counsel in Jersey Investment Funds and Corporate Law Practice Group

Walkers' growth in Jersey continues with the arrival of Advocate Tatiana Collins as a Senior Counsel in the firm's Investment Funds & Corporate Law Practice Group.

Tatiana – who is admitted in Jersey, Cayman and England & Wales – joins Walkers from another offshore firm, and has more than ten years' experience in private practice in Jersey, London, Cayman and Frankfurt.

Tatiana advises on funds and corporate transactions including the establishment, management, re-structuring and liquidation of various types of funds and corporate structures, tax and regulatory matters, structured acquisitions and disposals of assets across Europe and financing and re-financing arrangements. She has significant experience with Venture Capital, Real Estate and Private Equity funds.

Jonathan Heaney, the Managing Partner of Walkers' Jersey office commented: "We are delighted to welcome Tatiana to our growing team. Her experience both onshore and offshore fits perfectly with our international approach to law, and her expertise in Jersey fund and corporate work makes her a very welcome addition to the Investment Funds & Corporate Law Practice Group."

Fraser Hern, the Head of Walkers' Channel Islands business, said: "Tatiana combines the technical excellence, collaborative approach and international outlook that differentiates the Walkers offering from our competitors.

"As we continue to grow our Channel Islands and London offices in line with our market-leading presences in Asia and the Caribbean, bringing more outstanding lawyers such as Tatiana into our team benefits her new colleagues, the wider organisation and our valued clients."

Tatiana has worked in Jersey since 2014 and previously worked with an international law firm in London and Frankfurt, including a secondment to an international investment management firm.

Walkers' Jersey office has grown by more than 75% in the last 18 months, with other more recent hires including Group Partner Dilmun Leach (Investment Funds & Corporate); Senior Counsel Matthew Dibb (Insolvency & Dispute Resolution) and Julia Keppe (Banking & Finance); Senior Associates Tom Fothergill and Olivia Palloch (Investment Funds & Corporate), and Associates Charlotte Matthews and Clare Barbesol (Insolvency and Dispute Resolution) and Matthew Tout and Alice Wight (Banking & Finance).

Walkers Takes on Title Sponsorship of Cayman's Marathon

Leading international law firm Walkers has signed on as title sponsor of the Cayman Islands Marathon for what will be at least a three-year partnership. The event, which takes place on Sunday 5 December this year, will now be called the Walkers Cayman Islands Marathon.

Although new to the sponsorship family, Walkers has been connected to the race for many years through the participation of its employees. Individuals from the firm have been competing in the four-person relay event since 2007. When the relay team classifications – all female, all male, corporate and mixed – were introduced in 2011, the Walkers Running team became the team to beat, placing in the top three for the corporate and overall categories almost every year. The 2020 edition of Team Walkers Running – Peter Kendall, Christian Bourke, Christopher Brett Young and Theo Lefkos – finished first in the corporate division and second overall while Team Walkers Running A, consisting of Hugh Anderson, Helen Green, Martin Davies and Andrew Barker, placed third overall.

“We are thrilled about this new partnership with Walkers. We have worked hard over the years to make this race a first-class, international running event by listening to our participants, getting feedback from our sponsors and learning from previous years and other races. For an organisation of Walkers’ status to see the value of the Cayman Islands Marathon, recognise the quality and reputation of the event, and want to get involved is both validating and encouraging for our team. We are grateful for the investment and the confidence which they have placed in us,” said Race Director Rhonda Kelly of KHL Events & Communications.

Walkers' Cayman Managing Partner, Tim Buckley, stated, "We are delighted to be the new headline sponsor of this fantastic sports event, which draws a huge amount of international interest and highlights all that the Cayman Islands has to offer. For the avoidance of doubt, we are faster than our name suggests and will be out in full force at the marathon to prove it later this year. I would also like to take this opportunity to invite walkers and runners at businesses and firms throughout the region to sign-up and support the event. See you on race day!"

The new sponsorship is a welcomed one after the race’s 10-year relationship with its previous title sponsor recently concluded.

Registration for the 2021 Walkers Cayman Islands Marathon, half marathon, four-person relay and Milo Kids Fun Run is open online at caymanislandsmarathon.com. There is also a virtual option for the full and half marathon events.

For more information about the race, call Rhonda Kelly at KHL Events & Communications on 623.8823, email This email address is being protected from spambots. You need JavaScript enabled to view it. or visit caymanislandsmarathon.com.

Walkers Honours Dedicated Cayman Employees

Walkers' Cayman Islands office recently recognised thirty-four employees for their devotion to the firm during a long-service award ceremony on 31 March. The awardees celebrated five, 10, 15 and 20-year anniversaries, spanning all areas of the firm, including its law practice, Walkers Professional Services, and business support teams in IT, marketing, finance, facilities and human resources.

Among those recognised were Sandra Corbett, Pauline Lambert and Debbie Robinson (20 years); Carol Adams, Micton Bedasse, Stacy Bounds, Jordana Clarke, Debra Garnham, Caroline Heal, Robert Jackson, Rolf Lindsay, Shinette Rhoden, Karen Scott and Horace Walters (15 years); Fiona MacAdam, Neil Martin, Neil Sherlock, Benicha Tyndale and Shelley White (10 years); and Brett Basdeo, Matthew Bernardo, James Burch, Darren Cato, Anne Dolan, Sarah Dombowsky, Kimberly Ebanks, Dianne Farjallah, Desmond Harris, Leonard Lewis, Thea Maitland, Steven Manning, Nadia Martinez and Este Rabey (five years).

Awardees were invited to share a few thoughts on their time with the firm and it was evident the resounding theme was "people and culture". Insolvency & Dispute Resolution partner Shelley White said: "Walkers has brought me everything I've ever wanted in my career: a supportive culture, interesting and challenging client work and opportunity for progression," while Shinette Rhoden, a professional support manager who celebrated 15 years with Walkers, added, "Walkers feels like family and I am grateful for all the support and encouragement I have received over the years while advancing my studies and professional development."

Tim Buckley, Cayman Managing Partner, shared their sentiments by saying: "Walkers' firm culture is all about our people; they are at the very core of our business. This exemplary group of employees is an excellent representation of the shared values, strong leadership and collegial environment that Walkers prides itself on and we thoroughly appreciate their hard work over the years."