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03-Jul-2020
Walkers Lawyers Sole Cayman Recipients of IFLR's Top Women Leaders Recognition

Walkers' partners, Ingrid Pierce and Caroline Williams are the recipients of the 2020 IFLR1000 Women Leaders Guide award for the Americas region. The IFLR1000 is a leading legal directory, which ranks the world's most prominent financial and corporate law firms and lawyers. Ingrid and Caroline are among 69 women in the Americas recognised in the annual index and are the sole representatives in the Cayman Islands.

The Top Women Leaders award recognises women at the top of their professions who have impressive track records and are consistently recommended by clients and peers for the quality of their advice and service. The recipients are chosen through a rigorous research process based on transactional experience and market feedback.

Ingrid Pierce is Walkers' Global Managing Partner and heads the Global Investment Funds Group. She has extensive industry experience and is recognised as one of the world's leading investment funds lawyers. She is regularly featured in top legal directories as a market leader, described as a "phenomenal" lawyer and is sought for her thought leadership. She is a frequent speaker at industry events and guest commentator on various media platforms including Bloomberg, CNBC and Fox Business. Ingrid was also recently featured in a '20 Women to Watch in 2020' article in Women & Wealth Magazine.

Caroline Williams is a partner in the firm's Global Investment Funds and Corporate groups. She has extensive private funds experience, specialising in both hedge funds and private equity. Caroline is also regularly featured in top legal directories in the areas of Investment Funds, Private Funds and Corporate & Commercial as a "terrific" and "hugely well respected" market leader. She is also a frequent guest speaker at prominent industry events, including the Annual Women in Alternative Investment Summit, which brings together an influential group of more than 450 senior-level women in the financial industry.

Commenting on the guide, partner Caroline Williams said: "It is a tremendous honour for two Walkers lawyers to represent IFLR's Women Leaders in the Cayman Islands. Our practices are built on the foundations of client service and collegiate problem solving and I would therefore like to thank our clients and colleagues for all their support over the years".

Walkers' Global Investment Funds group was among five practices to be ranked 'Tier 1' in the 2020 IFLR1000 rankings, and both Ingrid and Caroline were recognised by the directory as market leading lawyers. The group offers Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Jersey and Irish law advice on investment funds and is one of the largest specialist International Financial Centre funds teams worldwide.

03-Jul-2020
Walkers' Ireland Pride 2020: Respecting Everyone Equally Today and Everyday

Pride 2020 Header

 

As part of Pride 2020, Walkers Ireland hosted a number of initiatives including a Virtual Pride Coffee morning on Wednesday, 24 June with Senators David Norris and Ivana Bacik, Chris Murnane, Chair of the OUTLaw Network, and Oliver Wall, Chief of Staff and Head of Corporate Affairs at Bank of Ireland.

During each day of the June Pride festival, we also shared a daily calendar 'Thought of the Day' to enable our staff to reflect on the milestones achieved by society in Ireland and elsewhere both by and in support of the LGBTQ+ community. Each calendar image included a video link showing Walkers' staff celebrating diversity, inclusion and belonging every day.

Our virtual Pride event opened with D&I lead partner, Nicholas Blake-Knox setting the scene and outlining the themes and topics which were to be explored during the discussion including:

  • The position in Ireland - how far have we come and where do we go from here - discussing LGBTQ+ Rights and related legislation such as the Employment Equality Acts (1998 to 2015); the 2015 Marriage Referendum; and the 2020 Programme for Government in terms of its consideration of LGBTQ+ issues.
  • The global position: what can Ireland do to promote equality and respect for the LGBTQ+ community around the world and what learnings can we share as well as considering the implications of the US Supreme Court ruling on 15 June;
  • The differences that OUTLaw and other such networks are making and what can we do to foster more inclusion across the professional services and in society?

D&I committee member Michael Dyulgerov then introduced OUTLaw Chair, Chris Murnane and invited him to speak on his own background and the work OUTLaw does and how Walkers staff can get involved in their events and initiatives. Following this discussion, Employment Partner Susan Battye then introduced a coffee discussion with HR Director Frank McCracken and Bank of Ireland Chief of Staff and Head of Corporate Affairs, Oliver Wall. Chris Murnane also joined the coffee discussion and gave the OUTLaw perspective as well as his law firm insights as a Corporate Associate with DLA Piper. Oliver Wall discussed how Ireland has come such a long way since Senator David Norris became the first openly gay Senator and took a case against the state which eventually resulted in the 1993 decriminalisation of homosexuality in Ireland. Oliver also touched upon his learnings from his time in the UK and his involvement with Stonewall and gave his views on how to effect change in large organisations in terms of encouraging and embracing diversity, inclusion and belonging. Oliver then spoke on Bank of Ireland's recognised 'With Pride' support network which drives representation and inclusion of LGBTQ+ people. Frank McCracken spoke about Walkers equal opportunities policy and how we want everyone in Walkers to be proud of who they are and know they will be protected from any form of discrimination. Chris meanwhile spoke about how firms like Walkers can encourage further allyship and bring together LGBT+ people and allies both in Walkers and across the legal sector.

During the coffee discussion pre-recorded video interviews with Senators David Norris and Ivana Bacik were played during which they gave their insights on LGBT+ rights and related legislation, the 2015 Marriage Referendum and the 2020 Programme for Government taking account of LGBTQ+ rights. Both Senators also gave their own personal reflections on the roles that they have played in developing LGBTQ+ rights here in Ireland and on the milestones that they helped our society to achieve. Short video highlights of the interviews with Senators Bacik and Norris can be viewed via the links provided below.

Walkers Ireland D&I committee were grateful to our staff for their engagement across our various Walkers' Pride 2020 initiatives and to our guest speakers. In lieu of a speaker's gift, each speaker has nominated a charity or an organisation that Walkers will contribute to on their behalf. These charities include: BeLonG To, Sister Stanislaus Kennedy and Focus Ireland and the Women's Aid Ireland.

 


Senator Norris Interview with Diversity & Inclusivity lead partner Nicholas Blake-Knox.

 


Senator Ivana Bacik Interview with Employment partner Susan Battye and HR Director Frank McCracken.



01-Jul-2020
Walkers Trust Specialist Carla Plater Named 'Top 35 Under 35' in 2020 eprivateclient List

Associate Carla Plater from Walkers Jersey Private Capital and Trusts team has been recognised in the 2020 eprivateclient Channel Islands Top 35 Under 35 for the third year in a row.

It is the third time that the private client publication has compiled a Channel Islands-specific version of its long-running Top 35 Under 35 initiative, an annual list of top young private client practitioners in Jersey and Guernsey.

Partner Robert Dobbyn, who leads Walkers' Jersey Private Capital & Trusts team, said: "It is very pleasing to see Carla being deservedly recognised in this way.

"Our team continues to grow in terms of size and reputation in the market, and the increasingly international nature of private capital work means that we benefit enormously from the profile that Walkers has in Asia, the Caribbean and Europe."

eprivateclient is a leading UK-based news service for private client practitioners, including lawyers, accountants, trustees and fee-based independent financial advisors.

The selection process for the Top 35 Under 35 began with an open call for nominations from across the private wealth sector for young and upcoming stars within the private client advisory world of lawyers, accountants, trustees or any other professional intermediary, in Jersey and Guernsey.



01-Jul-2020
Authorisation as Walkers Ireland LLP

Walkers’ Ireland office wishes to notify clients that we have been authorised by the Legal Services Regulatory Authority in Ireland to operate as Walkers Ireland LLP (the “Firm”), a limited liability partnership under the Legal Services Regulation Act 2015 (the “Act”), with effect from 1 July 2020.

On and from that date, the following arrangements apply in relation to the Firm:

In accordance with Section 123 of the Act (and subject to the exceptions listed therein), a Partner in the Firm has no personal liability for any debts, liabilities or obligations which are incurred for the purpose of carrying on the business of the Firm (whether these are liabilities of the Firm, of any Partner(s), or of any employee, agent or representative of the Firm), however such liability may arise. Please note that this limitation of liability relates only to the personal liability of the Partners and does not prevent or restrict the enforcement against the property of the Firm of any debt, liability or obligation owed by it.

The Partnership Act 1890 applies to the Firm as a limited liability partnership to the extent that it is not inconsistent with Chapter 3 of Part 8 of the Act.

Please note that all correspondence and invoices issued on or after 1 July 2020 will be in the name of Walkers Ireland LLP. However, our office address, contact details and VAT number, as set out below, remain unchanged.

Walkers Ireland LLP
The Exchange, George’s Dock, IFSC, Dublin 1, D01 W3P9, Ireland
T: +353 1 470 6600
E: This email address is being protected from spambots. You need JavaScript enabled to view it.
VAT number: IE9744247O

Walkers Ireland LLP looks forward to continuing to deliver the highest levels of client service and providing innovative global legal and professional services from Ireland.

 

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29-Jun-2020
Walkers Admits Caymanian Attorneys Lloyd Barker and Alexandra Franklin

Walkers is pleased to announce the admissions of Lloyd Barker and Alexandra Franklin, both of whom were called to the Cayman Islands Bar on Friday 26 June after completing their legal training with the firm. The admissions were the first to be heard in the Grand Court of the Cayman Islands since the Government enforced social distancing protocols in the wake of the Covid-19 pandemic.

Lloyd was a recipient of the 2016 Walkers Legal Scholarship. The following year, he undertook the Graduate Diploma in Law at the University of Law, Manchester and was awarded a Commendation. By 2018, Lloyd had completed the joint LPC/LLM in Professional Legal Practice course with Distinction, also at the University of Law. Lloyd is a 2011 graduate of Wesleyan Christian Academy and was class valedictorian. He pursued a Bachelor of Arts (Honours) degree with High Distinction in Law from Carleton University in Canada, with a concentration in Business Law and a minor in Communication Studies. In 2012, he founded the Pursuit of Excellence – the Lloyd Barker Foundation, which aims to empower young people from an academic, social and developmental perspective. Lloyd was articled to Shelley White, a partner in the Insolvency & Dispute Resolution and Trust Disputes groups.

“The Walkers team has displayed continued interest, enthusiasm and support in my development, and has played an incredible role in ensuring I received quality academic and professional legal training,” Lloyd expressed.

Alexandra was a 2013 Walkers Legal Scholarship recipient. She completed the Legal Practitioners Course with Distinction in 2018 at the University of Law in Leeds. Born and raised in the Cayman Islands, she was a graduate of John Gray High School before sitting her A Levels at St Ignatius Catholic School. She then undertook her LLB degree at Newcastle University in the United Kingdom, graduating in 2017 with Upper Second Class Honours. As part of her LLB Alexandra also spent one year in Spain as an exchange student, studying at Pompeu Fabra University in Barcelona. She is currently a member of 100 Women in Finance and the Cayman Islands Legal Practitioners Association. Alexandra was articled to Tim Ludford-Thomas, a partner in Walkers' Global Investment Funds Group.

"I am so grateful for the top-tier training I've received from Walkers," shared Alexandra. "It will stand me in good stead for the rest of my career."

Walkers' Partner and Chair of the Trainee Committee, Caroline Heal commented: "Throughout their training, Lloyd and Alexandra have continuously demonstrated their competency and eagerness to learn. They are high achievers and a great asset to the firm. We are delighted to have them on board."

Lloyd and Alexandra will both join the firm's Finance & Corporate Group and are the 55th and 56th Articled Clerks to have trained in Walkers' Cayman Islands office. The individual applications were moved by Walkers Partner Colette Wilkins; Lloyd's before the Hon. Justice Williams and Alexandra's before the Hon. Justice Ramsay-Hale.

22-Jun-2020
"Compliance teams need to prepare for virtual JFSC examinations" says Walkers Senior Counsel

Compliance teams need to start preparing for virtual examinations by video after the Jersey Financial Services Commission revealed details of their plans for continuing examinations while the majority of financial services professionals are still working from home.

Rachel Amos, senior counsel in Walkers' Jersey Regulatory and Risk Advisory Group, says that the JFSC's plans show that financial services professionals – and compliance teams in particular – need to start preparing for examinations.

The regulatory is planning to undertake virtual examinations using Zoom, and that it will allow attendees from different locations to participate.

Rachel says that the news creates welcome clarity, but that there will still be some work for regulated businesses to do.

She said: "The JFSC's statement during a webinar last week that virtual examinations would be carried out by Zoom, and that attendees from different locations can participate, is a helpful one.

"There may be compliance officers in corporates with strict information security policies about preferred and excluded video-conferencing platforms that will need a corporate policy exemption in order to participate.

"Also, on a practical level, some teams will need training with Zoom to make sure that they are able to use all necessary features.

"Finally, the point about allowing attendees from different jurisdictions to participate should not be overlooked – where senior people are specifically asked to attend by the regulator, they should be made available."

Rachel is part of Walkers' global Regulatory and Risk Advisory Group – Walkers is the only law firm with a regulatory practice group covering Bermuda, BVI, Cayman, Guernsey, Jersey and Irish law.

She added that the importance of proper technical presentation should not be downplayed.

Rachel said: "We have already seen with the online courts in other jurisdictions what can go wrong. Also, where one regulator gains more traction in examinations others are bound to follow, so watch this space – it is likely that other regulators will adopt a similar approach, and with so many structures covering more than one offshore jurisdiction, it will be necessary to properly prepare both technically and substantively."