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09-Aug-2022
Damien Barnaville and Shane Martin Promoted To Partner in Walkers' Ireland Office

Walkers has promoted two lawyers to the partnership in its Ireland office in the firm's annual promotions round which saw a record 26 new partners internationally.

Damien Barnaville (Asset Management & Investment Funds) and Shane Martin (Regulatory) have been promoted to the Walkers partnership in its Ireland office effective 1 July.

Damien further strengthens the partner bench in the firm's leading Asset Management & Investment Funds practice and has over 15 years' experience as a solicitor, previously as EU Legal Director for a US broker dealer and as a partner in another law firm, before joining Walkers in 2020.

Shane is a recognised regulatory expert and has been with Walkers since 2014, having previously worked in the Enforcement Department of the Central Bank of Ireland and for the Irish Banking Federation. His promotion to partner is a reflection of the strength and growth of the Walkers' Regulatory practice across Ireland and our global offices.  

Both Damien and Shane are recognised by Legal 500 for the quality of their work.

Jonathan Sheehan, the managing partner of Walkers' Ireland office, said: "We are committed to recognising and developing the enormous talent within our firm, and Damien and Shane are outstanding lawyers who have made a real contribution to the continuing growth and success of their respective practice groups.

"Their experience outside of private practice – Damien in an in-house role, and Shane with the CBI – enables them to add deep value to clients and we look forward to the continuing impact that they will have on their teams in their new leadership roles."

The 26 new partners across Walkers' global offices marks the firm's largest ever round of additions to the partnership. Walkers is a leading international law firm practising Cayman, BVI, Bermuda, Jersey, Guernsey and Irish law across a global network of offices that includes London, Dublin, Dubai, Hong Kong and Singapore.



09-Aug-2022
Walkers Advises Fullerton Healthcare on its recapitalisation by RRJ Capital via Cayman Islands merger

Walkers acted as Cayman Islands counsel to the Company in connection with the merger of Fullerton Healthcare Corporation Limited with Fullerton Healthcare Corporation Limited (an RRJ controlled entity) to effect an equity injection by private equity firm RRJ Capital totalling S$390 million (about US$283 million). The surviving company following the merger is Fullerton Health Corporation Limited.

The Walkers team advising Fullerton Healthcare Corporation Limited on the merger was led by James Twigg (Partner) with support from Tania Toh (Partner) and Katherine Zeng (Associate). 

Prior to the successful merger, Walkers advised Fullerton Health on its opposition to a winding up petition that had been filed against the Company in the Cayman Islands courts by the Company's co-founders.  A definitive settlement agreement was reached and the co-founders withdrew their petition.  The dispute was handled by Robert Foote (Partner) and Adam Hinks (Partner) in Singapore, Joanne Collett (Partner) in Hong Kong, and Barnaby Gowrie (Partner), Niall Hanna (Senior Counsel) and Chaowei Fan (Associate) in the Cayman Islands.



05-Aug-2022
Walkers Abroad Programme and further enhanced Parental Leave and Pay Policy

Under the umbrella of our SmartWorking@Walkers approach, and following the introduction of new Agile working arrangements in May 2021, Walkers recently announced the introduction of its new Walkers Abroad policy. This new policy gives anyone at Walkers whose position would allow them to work remotely, and who has the right to work in another country, the opportunity to do so for up to 10 days without taking annual leave.

This policy has been established so as to give employees more flexibility with how and where they work. For many, there are occasions when it would be helpful if they could work remotely for a short period from abroad, usually to accommodate family commitments and often in conjunction with a period of annual leave especially following a period of difficult travel during the pandemic.

Global Managing Partner, Ingrid Pierce said: "Being responsive to our clients and colleagues and consistently delivering high standards of service are key to success. We are excited about Walkers Abroad and hope that it will allow for optimum outcomes for both our people and our clients."

In addition, following a thorough review of its parental policies, Walkers has further enhanced its global maternity and parental pay and leave policy as of 1 July 2022.

The augmented maternity pay benefit, available to the workforce (64% of which are women), exceed local statutory requirements across Walkers' offices in the Americas (Bermuda, BVI and Cayman), Asia and the Middle East (Hong Kong, Dubai and Singapore) as well as in Europe (London, Dublin, Jersey and Guernsey), and responds to the diverse needs of the modern family. In addition, family leave benefits have been significantly enhanced.

The enhanced benefits support eligible employees following the arrival of a child and provide for 18 weeks' maternity leave at full basic pay as well as 8 further weeks of unpaid leave. Permanent employees can avail of this benefit following six months' continuous service with Walkers.

The scope of these enhanced benefits means that Walkers' family pay and leave benefits are well ahead of the benefits offered by most other firms in their space. The changes also provide further support to families who have adopted children or had children by surrogate.

Commenting on the enhanced benefits, Chief HR Officer, Claire Townshend said:

"At Walkers, we want to foster our inclusive culture. Research shows us that the majority of women will become pregnant during their working life, with up to 85% returning to work following maternity leave. These enhanced benefits recognise the evolving needs that emerge at different phases of personal and professional lives and enables us to put the best support in place for our talented workforce, so as to ensure that they can achieve their best."

Global D & I Committee member and Cayman based Finance and Corporate Partner, David Collins added:

"We have diverse staff at Walkers and having listened to their views, are attuned to their individual needs. Our enhanced family pay and leave benefits, as well as our SmartWorking@Walkers approach, is a differentiator for current and future talent. This ensures Walkers is a market leader, not only in Cayman, but also across other jurisdictions such as Bermuda, the BVI, Dubai, Hong Kong, Singapore and others."



03-Aug-2022
Walkers Announces Record Round of Senior Promotions in the Americas for 2022

Walkers is delighted to announce a record promotions* round for 2022 in its Americas region. Walkers welcomes 10 new partners and seven new senior counsels across the Bermuda, the British Virgin Islands ("BVI") and the Cayman Islands offices. Walkers Professional Services also promoted a new senior vice president. The promotions are part of the firms' largest ever global promotions round in which 47 colleagues moved up the ranks. These promotions reflect the hard work and quality of service that each of our lawyers and corporate services professionals deliver to our clients on a regular basis, and we are pleased to welcome them into their new roles.

Speaking on the Americas' promotions, Cayman Islands Managing Partner Tim Buckley commented; "I am delighted that so many talented colleagues have been recognised and asked to take on senior roles within the firm. The effort and dedication that this cohort has shown over a number of years is extraordinary and I know each of them will be successful in their new positions."

Bermuda

In Bermuda, Melanie Fullerton is now Senior Counsel in the Regulatory & Risk Advisory Group.

BVI

In the BVI, Paul Waldron is promoted to Partner in the BVI Investment Funds Group.

Cayman Islands

In the Cayman Islands, Walkers welcomes nine new partners into the partnership:

  • Adeola Adeyemi is promoted to Partner in the Cayman Finance & Corporate Group.
  • Christine Ballantyne-Drewe is promoted to Partner in the Cayman Investment Funds Group.
  • Matt Bernardo is promoted to Partner in the Cayman Investment Funds Group.
  • Martin Davies is promoted to Partner in the Cayman Investment Funds Group.
  • Lucy Diggle is promoted to Partner in the Cayman Private Capital & Trusts Group.
  • Niall Hanna is promoted to Partner in the Cayman Insolvency & Dispute Resolution Group.
  • Andrew Howarth is promoted to Partner in the Cayman Regulatory & Risk Advisory Group.
  • Fiona MacAdam is promoted to Partner in the Cayman Insolvency & Dispute Resolution Group.
  • Olga Sologub is promoted to Partner in the Cayman Finance & Corporate Group.

We also recognise the following six senior counsel in the Cayman Islands: 

  • Michael Beck, Cayman, is now Senior Counsel in the Finance & Corporate Group.
  • Daisy Boulter, Cayman, is now Senior Counsel in the Insolvency & Dispute Resolution Group.
  • Sam Francis, Cayman, is now Senior Counsel in the Investment Funds Group.
  • Joe Healey, Cayman, is now Senior Counsel in the Finance & Corporate Group.
  • Jessica Mbanda, Cayman, is now Senior Counsel in the Finance & Corporate Group.
  • James Murrie, Cayman, is now Senior Counsel in the Investment Funds Group.
  • Brigitte Tomascik, Cayman, is now Senior Vice President in Walkers Professional Services.

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*A small number of these lawyer promotions are subject to work permit approval where required.




03-Aug-2022
Walkers Announces 2022 Senior Promotions: Asia & Middle East Boasts 13 Partner and Counsel Promotions Across its Three Offices

Walkers has promoted seven senior lawyers to the partnership across its Hong Kong, Singapore and Dubai offices in the firm's annual promotions round which saw a record 26 new partners appointed internationally.

Colm Dawson (Regulatory), Audrey Coker (Finance), Ally Lam (Funds & Corporate) and William Lee (Funds & Corporate) have all joined the Walkers partnership in Hong Kong, now at 18-strong after sustained strategic growth over the past three years. The Singapore partnership also grew to 10 partners as Adam Hinks (Insolvency & Dispute Resolution) and Tania Toh (Funds & Corporate) were added as the office's newest partners. Luke Petith who heads up Dubai's Insolvency and Dispute Resolution team joined the partnership, bringing the total number of partners in Dubai to 5.

As an extension to their exceptional individual achievement, the addition of an almost equal number of male and female partners reflects the firm's efforts in promoting diversity, inclusion and gender equality within the legal community.

The Asia and Middle East region saw 6 counsel promotions in Wei Ching Teo (Funds & Corporate), John Crook (Insolvency & Dispute Resolution), Kevin Ho (Funds & Corporate), Melissa Mak (Funds & Corporate), Michael Kenny (Funds & Corporate) and Bryan O'Donnell (Funds & Corporate).

Daniel Booth was also promoted to Head of WPS (Walkers Professional Services). Under his leadership, Walkers continues to grow its market leading expertise in providing corporate, company secretarial, regulatory compliance and fiduciary services.

Hong Kong Managing Partner Andy Randall said: "I would like to congratulate every one of my colleagues on their achievement. It is a testament to Walkers' commitment and resulting regional growth in, a challenging year, that we are able to both retain and promote highly talented individuals."

His comments were echoed by John Rogers, Managing Partner of Walkers' Singapore office: "These are the future leaders of Walkers. I am particularly proud to note the depth of talent we have across all of our core practice areas in all our Asian and Middle East offices. These promotions have been well earned and are very well deserved."

Commenting on the promotions, Dubai Managing Partner Daniel Wood said: "Our recent promotions in Dubai are a true indication of an extremely talented and ambitious team without whom our rapid growth and continued success across the region would not be possible. Congratulations to all involved."

The 26 partners made up across Walkers' global offices marks the firm's largest ever round of additions to the partnership. Walkers is a leading international law firm practising Cayman, BVI, Bermuda, Jersey, Guernsey and Irish law across a global network of offices that includes London, Dubai, Hong Kong and Singapore.

02-Aug-2022
Walkers' Guernsey Investment Funds & Corporate Group Strengthened by New Hire

Walkers' Guernsey Investment Funds & Corporate Group has been strengthened by the recruitment of new associate Gemma Trencher, who has joined the team from an international law firm.

Gemma has experience across a wide range of corporate law matters, including company disposals, M&A transactions, and corporate restructuring.

She was admitted as a Solicitor of England & Wales in 2021.

Gemma joins the Investment Funds & Corporate team led by Group Partner Matt Sanders and Partners Craig Cordle, Chris Hutley-Hurst and Kate Storey.

Partner Kate Storey said that Gemma's arrival was very welcome.

She said: "Gemma is the seventh new arrival at Walkers Guernsey in the last six months as we continue to expand the team in response to increased client demand."

Partner Craig Cordle added: "We are delighted to welcome Gemma to our expanding practice – her experience and skill relating to corporate matters complements our existing offering."

Walkers is the largest offshore law firm and also has offices in Bermuda, the British Virgin Islands, Cayman, Dubai, Dublin, Jersey, Hong Kong, London and Singapore.