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Walkers Insolvency & Dispute Resolution Practice Retains Top 20 Ranking in The GRR 30 2020

Walkers' Global Insolvency & Dispute Resolution Group has once again been ranked inside the top 20 of global law firms for restructuring and insolvency in the latest Global Restructuring Review ("GRR") 30 list 2020.


Walkers continues to be the highest ranked offshore law firm on the list, at 19, and scored 551 points this year, ranking just behind Allen & Overy (557) and Linklaters (554).


"It is pleasing to once again be included in the top 20 of the GRR 30. As an offshore firm, our place amongst the world's largest multinational onshore firms demonstrates our commitment to excellence and is testament to the dedication that our teams in every office and jurisdiction show to our clients," commented Cayman Islands Insolvency & Dispute Resolution partner, Matthew Goucke.


The GRR 30 is a distillation of the GRR 100 2020 and is the fruit of 12 months’ work, beginning in November 2019 when GRR sent out detailed questionnaires to hundreds of law firms seeking input on the history of their restructuring and insolvency practices, notable past cases, key names to know and any other characteristics worth highlighting.

Walkers Trusts Specialist Recognised by STEP for Top Marks

Walkers Private Capital & Trusts lawyer Nitrisha Doorasamy has been recognised by Guernsey's STEP branch for scoring the highest mark in the annual Trust Law and Practice exam, as well as achieving one of the top ten marks globally.

Nitrisha, who is an Associate in the Guernsey Private Capital & Trusts Practice Group, specialises in non-contentious private client work, including drafting and the establishment of trust, foundation and family office structures.

Before moving offshore, she worked for six years in-house as a corporate trustee and fiduciary specialist in South Africa.

That experience is crucial in her work advising local trust companies and HNWIs on asset protection and succession planning issues.

Partner Rupert Morris, who leads Walkers' Channel Islands Private Capital & Trusts team, said: "This is an outstanding result and a testament to Nitrisha's technical skill and dedication.

"In the two years that she has been with us, she has really made a mark with clients and continues to play a big role in our practice. We were all very pleased to see her recognised by Legal 500 this year for the first time and are equally delighted to see this well-deserved recognition by STEP."

Walkers Leads Legal 500 Offshore Lawyer Rankings & Practices

Walkers is pleased to announce it has received 44 individual lawyer rankings in the 2021 Legal 500 Caribbean directory (up from 41 last year), more than any other offshore firm. The guide also ranked 18 practice areas from Walkers' offices in Bermuda, the British Virgin Islands and the Cayman Islands, also over and above its competitors, solidifying Walkers' reputation as the leading law firm in the Caribbean.

Seven practice areas are ranked as Band 1 practices, with nine others ranked in Band 2, representing 90% of Walkers' practices. The following practice areas achieved the top tier rating:

  • British Virgin Islands - Dispute Resolution
  • British Virgin Islands - Trusts / Private Client
  • Cayman Islands - Banking, Finance & Capital Markets
  • Cayman Islands - Dispute Resolution
  • Cayman Islands - Investment Funds
  • Cayman Islands – Regulatory & Compliance
  • Cayman Islands - Trusts / Private Client
Within Walkers' 44 lawyer rankings, 16 Walkers' attorneys received the top "Leading Individual" rating from Legal 500:


  • Jonathan Betts - Banking, Finance & Capital Markets and Corporate & Commercial
  • Kevin Taylor - Dispute Resolution
British Virgin Islands:

  • Oliver Clifton - Dispute Resolution
  • Rosalind Nicholson - Dispute Resolution
  • Lodewijk van Setten - Regulatory & Compliance
Cayman Islands:

  • James Burch - Banking, Finance & Capital Markets
  • Philip Paschalides - Banking, Finance & Capital Markets
  • Rob Jackson - Banking, Finance & Capital Markets and Corporate & Commercial
  • David Collins - Corporate & Commercial
  • Matthew Goucke – Dispute Resolution
  • Neil Lupton – Dispute Resolution
  • Colette Wilkins – Dispute Resolution
  • Rolf Lindsay – Investment Funds
  • Caroline Williams – Investment Funds
  • Lucy Frew – Regulatory & Compliance
  • David Pytches – Trusts / Private Client
A further 13 lawyers received the "Next Generation Partners" ranking – highlighting the strength and depth of Walkers' bench:


  • Adam Bathgate - Banking, Finance & Capital Markets
  • Natalie Neto – Corporate & Commercial
  • Peter Dunlop – Insurance / Reinsurance
British Virgin Islands:

  • Matthew Cowman - Banking, Finance & Capital Markets and Corporate & Commercial
  • Murray Laing – Dispute Resolution
  • Ian Tucker – Dispute Resolution
Cayman Islands:

  • Paige Gaston-Thiery – Banking, Finance & Capital Markets
  • Rupert Bell – Dispute Resolution
  • Shelley White – Dispute Resolution
  • Andrew Barker – Investment Funds
  • Bicrom Das – Investment Funds
  • Theo Lefkos – Investment Funds
  • Monique Bhullar – Trusts / Private Client
An additional16 lawyers across Walkers' three Americas offices also received the "Rising Star" accolade.

Commenting on the results, Walkers' Global Managing Partner, Ingrid Pierce stated: "This is a tremendous result for Walkers and we are delighted to have such a large group of lawyers ranked by Legal 500. The fact that our Americas and mid-Atlantic offices have been so widely recognised is testament to the impressive work and excellent service associated with Walkers."

Walkers Welcomes Associate Malacia Madden to Bermuda Team

Walkers Bermuda is pleased to welcome newly admitted associate Malacia Madden to its Corporate, Finance, Funds & Insurance practice group following the successful completion of her articles with the firm.

Friends, family, colleagues and well-wishers attended the court ceremony in Hamilton on 13 November to watch Malacia be called to the Bermuda Bar before the Chief Justice. In a speech by Malacia, after thanking the Chief Justice, she turned her thoughts towards her parents, Errol and Marlene, by saying:

"From young you have raised me to be an individual by learning to be comfortable in my skin. You have advocated to me the importance of being a strong woman of substance, a free thinker and being a voice of reason. Because of you both I have undertaken my professional journey with persistency and resilience. You have taught me to be fearless in seeking opportunities and in chasing my dreams… Well here we are in 2020, experiencing my second admissions ceremony, during a time of uncertainty, and all I can say is that my guardian angels where right. Thank you for holding me accountable and never allowing me to give up."

Continuing her speech, Malacia said [of Walkers]:

"To my managing partner Kevin Taylor, thank you for being fearless and having the strength to challenge the status quo. You have given young Bermudians such as me another great opportunity…

"To my Walkers family, locally and globally, thank you for your help and support during the past 12 months. I want to give a special mention and big thank you to Nicole Tovey, my pupil master, and supervisors Nathalie West, Benjamin McCosker and Kai Musson who have supported me, been extremely patient, invested their time, shared their experiences, encouraged and provided guidance during my pupillage. To Jonathan Betts, my department head, thank you for welcoming me to the team."

Malacia graduated from the University of Essex in 2011 with a Bachelor of Laws with Upper Second Class Honours. She then went on to pursue her Postgraduate Diploma in Legal Practice from the University of Law in London.

She brings with her a wealth of knowledge and experience, having previously worked as a paralegal in the London based finance departments at both Hogan Lovells and Linklaters. She also recently spent time in the banking and finance team at Charles Russell Speechlys LLP in New York City.

Lead partner of Walkers' Bermuda Corporate, Finance, Funds & Insurance group, Jonathan Betts, commented: "Malacia's practical experience in the finance, corporate and insurance markets has served her well during her pupillage and she has proven to be a bright and dynamic lawyer. We are delighted to welcome her to the team and I know she has a very promising future ahead of her."

Walkers Welcomes Three New Lawyers to London Office

Walkers is pleased to announce that Jennifer Maughan has joined Walkers' London office as a senior counsel in the Global Insolvency & Dispute Resolution Group.

Additionally, senior associate Carl Hey and associate Craig McDermaid have relocated from Walkers' Cayman Islands office to join the London office's Finance and Investment Funds practices, respectively.

Jennifer Maughan is a dispute resolution specialist who has spent the last decade in Hong Kong advising clients based in China and South East Asia on contentious and non-contentious matters involving Cayman Islands and British Virgin Islands law. Her practice covers general commercial litigation as well as contentious insolvency and restructuring, typically with a cross-border element.

Jennifer has acted on a variety of matters including contentious valuation disputes, fund and shareholder disputes and contentious insolvency and restructuring matters. She has acted both for and against appointment holders and regularly advises clients including creditors, debtor companies, shareholders and investors in complex, high value disputes. She also has experience of seeking interim relief in support of both foreign litigation and arbitration proceedings before the courts of the Cayman Islands and British Virgin Islands. Jennifer also represented the Hong Kong-appointed provisional liquidators of a Cayman Islands-incorporated company, Changgang Duxin, in their recognition application before the Cayman Islands courts which was the first of its kind and shortlisted for a Global Restructuring Review award in 2018.   

Insolvency & Dispute Resolution partner John O'Driscoll commented: "We are delighted to welcome Jennifer to the London team. Her experience of the Asia-Pac market and Cayman and BVI law will be integral to our expanding practice. I am very much looking forward to working with her."

Carl Hey, admitted as a barrister and solicitor of the High Court of New Zealand in 2011, joined Walkers' Cayman Islands office in May 2018 and focuses predominantly on fund finance transactions. Prior to joining Walkers, Carl trained and qualified at top-tier firms in New Zealand and practiced in London in the real estate finance teams of Herbert Smith Freehills LLP and Clifford Chance LLP.

Craig McDermaid Joined Walkers' Cayman Islands office in January 2018 where he advised on Cayman Islands hedge funds and private equity funds, including structuring, formation, registration, launch, management, regulatory compliance, downstream acquisitions and divestments, deregistration and winding up. Prior to joining Walkers, Craig trained at Clayton Utz in Australia.

"We are delighted to be in a position to expand our core practice areas with additional high-quality colleagues to meet client demand. Corporate, Dispute Resolution, Finance and Investment Funds are critical service lines for our London office and I am very pleased we are able to count Jennifer, Carl and Craig as part of our market-leading bench," commented London office managing partner Jack Boldarin.

Walkers London based team (who provide time zone sensitive Cayman and BVI law support to clients across the EMEA region) is ranked as a Band 1 Cayman law firm by both of Chambers and Legal 500 (2020/21 editions) and as a Band 1 BVI law firm by both of Chambers and Legal 500 (2020/21 editions).  Walkers does not practise English law and instead works alongside leading international law firms to provide integrated offshore and onshore support.


Walkers (London) maintains top tier ranking for BVI and Cayman law in Chambers 2020/21 edition

Walkers (London based) BVI and Cayman law teams have maintained their top tier ranking in Chambers and Partners 2020/21 UK guide.

Chambers has ranked Walkers in Band 1 for BVI law and in Band 1 for Cayman law and (for the fourth year running) selected BVI and Cayman finance partner Jack Boldarin as the leading BVI lawyer in the City, placing him as the sole practitioner in the top tier. Partners Hughie Wong, John O'Driscoll and Jack Boldarin are also ranked for Cayman law advice.

Client feedback for the Walkers team reflects the quality of the team's work and advice.

Jack Boldarin, managing partner of Walkers' London office, said: "We are pleased to see further independent feedback that confirms our perennial position at the very top of the London market for offshore legal advice".

"Our team of London-based BVI and Cayman law specialists continues to grow with the addition of Tatziana Paraguacuto, Matthew Bloomfield and Patrick Ormond as new partners in our practice. In the last 12 months, the office has increased its BVI and Cayman lawyer headcount by 20 per cent to meet client demand and I am delighted this has been recognised by Chambers and Partners".

Information about Walkers offering in London:

Walkers is the leading offshore law firm in London and provides time zone sensitive advice to our EMEA based clients requiring legal expertise on matters involving British Virgin Islands and Cayman Islands law; so that such clients have real time access to our Cayman and BVI lawyers. Walkers (from its global network of ten international offices) also practises Bermuda, Guernsey, Jersey (Channel Islands) and Irish law. Walkers does not practise English law and instead works alongside leading international law firms to provide integrated offshore and onshore support.

Over the course of 2020 market leading partners Tatziana Paraguacuto and Matthew Bloomfield joined our investment funds team from another offshore firm together with industry expert partner Patrick Ormond who joined our corporate team having previously practised in Walkers BVI based office.