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22-Jan-2021
Medical Professionals Encouraged to Attend Free PIPA Webinar Hosted by Walkers, the TLC Group

Walkers Bermuda will host its eighth webinar on the topic of the jurisdiction's Personal Information Protection Act 2016 ("PIPA") on Tuesday 26 January at 12.30 pm with a focus on health and medicine. The hour-long webinar coincides with Data Privacy Week (25-29 January 2021) and will be hosted in partnership with the TLC Group of Companies.

Special guest Alexander White, Bermuda's Privacy Commissioner, Walkers Bermuda's regulatory expert Melanie Fullerton and Promila Gonsalves, Privacy Engineer & Advisor at the TLC Group, will take a detailed look at data privacy issues, addressing frequently asked questions on PIPA's legal and regulatory implications for medical practices and professionals in Bermuda.

"The medical profession is often overlooked when it comes to data privacy and protection, when in fact research shows it's one of the most vulnerable sectors," shared Melanie Fullerton, Regulatory & Risk Advisory senior associate at Walkers. "Joining forces with the TLC Group allows us to discuss both the legal implications, as well as the technical and practical aspects of protecting both personnel information and patient records; and of course, having the insight of the Privacy Commissioner allows for a more extensive and overarching analysis on the regulation of how personal information is retained and used.

"We encourage all persons in the medical industry to attend."

The PIPA webinar is free and open to the public. For more information and to register, please click here.

19-Jan-2021
Legal 500 Asia-Pacific 2021: Singapore and Hong Kong Offices Ranked Tier 1

Walkers is pleased to announce its Singapore office has been ranked in Tier 1 in the newly launched Offshore category for Singapore in the Legal 500 Asia-Pacific Guide 2021. Managing Partner John Rogers and partners Laura Rogers and Thomas Granger are singled out for their acumen and Legal 500 noted:

"Walkers has the largest presence of all offshore firms in Singapore, servicing clients throughout Southeast Asia and India. The firm has an excellent record in finance, including structured finance and securitisation, ship and aviation finance, refinancings, and real estate finance…The office is well established in funds formation and structuring, representing some of the biggest global and regional private equity sponsors, along with a number of big-ticket sovereign wealth fund investors…"

In addition, and for the fifth year in a row, Walkers' Hong Kong office has once again been ranked in Tier 1 for Offshore Law by Legal 500 with five lawyers ranked as 'Leading Individuals' and one lawyer ranked as a 'Next Generation Partner'.

Described by Legal 500 as: "Extremely responsive and easy to work with', Walkers' 14-partner Hong Kong team provides 'efficient, collaborative and insightful advice', directly to clients, as well as on behalf of many leading international referral law firms, on the BVI, Cayman and Bermudan offshore law elements associated with corporate, funds, finance and litigation mandates."

One source described Walkers as "‘Walkers has a standout practice in a highly competitive market and is a go-to firm for both banks and borrowers. The lawyers are responsive, their work is consistently of high quality, and they are pragmatic in their approach.’

Walkers' Leading Individuals and Next Generation Partners:

The 'personable and charismatic' Andy Randall has 'strong connections throughout the market', and in addition to his managing partner role, also has a broad finance practice, which is one of the core pillars of the firm's offering out of Hong Kong.

The 'commercial and highly technical' Paul Aherne has excellent connections with numerous major international banks, that are appreciative of his broad-ranging expertise, which includes handling structured equity financing transactions with borrowers, securities providers, and counterparties incorporated in BVI or Cayman Islands.

An 'experienced banking lawyer', Kristen Kwok leads the firm's structured finance team and is lauded for her 'responsive, pragmatic and commercial advice' and knowledge of 'the nuts and bolts of the bespoke repackaged transactions arranged by PRC financial institutions'.

The 'responsive and highly professional' Denise Wong has a strong reputation on the fund structuring front, in relation to private equity and hedge funds, and is one of many within the firm that has excellent language skills, and is thereby effectively able to advise PRC-based clients.

Appreciated for his 'responsiveness, experience and commerciality', James Gaden is also a key member of the funds team and his arrival towards the end of 2018 from Maples Group was a major coup for the firm.

The 'responsive and hardworking' Joanne Collett is 'very knowledgeable on cross-border restructuring issues', and she heads up the office's insolvency and dispute resolution offering.

Alice Molan is also a key member of the office and heads up the regulatory risk and advisory group.

18-Jan-2021
Walkers Receives Highest Ranking in Regulatory and Compliance

Prominent legal directory Legal 500 has scored Walkers' Cayman Islands Regulatory & Risk Advisory practice as top of the industry in its newly introduced Regulatory and Compliance ranking. The 2021 index singled Walkers out for "its experience acting as regulatory counsel for a number of the world's largest investment funds."

Walkers' Global Regulatory & Risk Advisory group is led by Cayman Islands partner Lucy Frew and is the largest dedicated offshore practice of its kind, with 20 dedicated regulatory lawyers across the globe. The group comprises dedicated financial regulatory and risk management advisory lawyers who provide legal advice on Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Irish and Jersey laws. The team has significant non-contentious and contentious regulatory experience and a well-established track record of advising in an international regulatory context, offering exceptional commercial insight on complex regulatory matters. Walkers' Bermuda and British Virgin Islands teams were also recognised in the Caribbean rankings.

In addition to the practice ranking, several members of the Regulatory & Risk Advisory team were recognised:

  • Lucy Frew, Partner and Global Head (Cayman Islands) – Leading Individual
  • Lodewijk Van Setten, Senior Counsel (BVI) – Leading Individual
  • Melanie Fullerton, Senior Associate (Bermuda) – Rising Star
  • Tony De Quintal, Senior Counsel (Cayman Islands)
  • Andrew Howarth, Associate (Cayman Islands)

Commenting on the new industry ranking, team lead Lucy Frew shared: "The Legal 500 ranking is well-received and a positive start to the New Year. We look forward to growing the team further, expanding our client base and reinforcing our position as the frontrunner in the offshore regulatory and compliance market." 

Walkers is consistently ranked in the top tier of legal and professional services firms by prominent global legal directories and is widely recognised as a leader in the offshore legal industry.



15-Jan-2021
Walkers' Employment Law Conference Goes Online to Explore Covid-19's Impact on the Workplace

Walkers' employment law conference on "Covid-19 and the Evolution of the Workplace" will take place online in late-February.

The conference will be led by Walkers' Guernsey and Jersey employment law specialists, along with members of the firm's employment law team in Dublin, and will cover the ways in which Covid-19 has and will continue to affect workforces and workplaces and key lessons learned for 2021 and beyond.

Walkers senior counsel Sarah Ash (Guernsey) said: "The past ten months have seen a huge shift in how and where we work requiring directors, legal counsel and HR leaders to deal with an entirely new set of challenges and changes to the economic backdrop.

"Technological and organisational changes have shown that working remotely over the longer term is a real option for many businesses. While Covid-19 continues to challenge working practices and requires businesses to be able to adapt quickly to changing circumstances, we are definitely at the stage where we can start applying the lessons we have learned for the future, and that's what our conference is about."

The team from Walkers has been dealing with a range of questions from businesses including the challenges of working from home, dealing with employees reluctant to return to the office, changes in staffing requirements, questions about working remotely from another jurisdiction, "lockdown burnout" and issues around disciplinary and performance management during the Covid-19 disruption.

The team has also been working with specialist regulatory colleagues on the unique challenges experienced by regulated financial services businesses during the disruption.

Daniel Read, senior counsel in Walkers' Jersey employment law team, said: "The breadth of questions for employers – some of them urgent and of strategic importance – that have been posed by Covid-19 along with how to respond to the changing restrictions imposed and support offered by the States of Jersey and Guernsey have been of critical importance for employers.  These challenges face all businesses and we have advised a wide variety of employers across a range of sectors.

"There is no single message or lesson from what we have seen, but it has been so interesting to see how flexible many employers and employees have been, how willing many have been to accommodate the requests and requirements of their teams, and how much energy and time they have been prepared to invest in two-way communication between leadership and teams."

Senior counsel Victoria Pratt from Walkers' Guernsey team added: "We have been running these conferences for several years now as a way to bring people together and share what we've learned about key issues that are having an impact on our clients. This year, we believe our conference will add real strategic value to businesses that are looking to adopt a resilient approach in an unpredictable environment. We are very pleased that we're still able to go ahead, albeit online, and we look forward to exploring the issues for 2021."

To register for the conference, please click here.

 



14-Jan-2021
Michaela Lam Elected Co-Chair of IWIRC Hong Kong

We are delighted to announce that Michaela Lam has been elected to serve as a Co-Chair of the International Women's Insolvency & Restructuring Confederation ("IWIRC") Hong Kong Board.  IWIRC is the premier international, networking and professional growth organization for women in the restructuring and insolvency industry.

Michaela has been on the IWIRC Hong Kong Board since 2018 and was Vice-Chair in 2020.  As a Co-Chair, Michaela will play a big part in developing the Hong Kong network's growth within the region.

About the IWIRC

International Women's Insolvency & Restructuring Confederation is committed to the connection, promotion and growth of women in insolvency and restructuring professions worldwide. Since 1994, IWIRC has been connecting women worldwide through a global membership of more than 1000 attorneys, bankers, corporate-turnaround professionals, financial advisors and other restructuring practitioners. The organisation provides its members with relationship-building, educational, career enhancement and promotional opportunities.

12-Jan-2021
Walkers adds 25 Bermuda Registered Associates in Asia

Walkers adds 25 Bermuda Registered Associates in Asia: Becoming the second largest Bermuda legal offering in the region

Hong Kong, 12 January 2021

Walkers is pleased to announce that 25 of its lawyers based in Asia have been accepted as Registered Associates (RAs) of the Bermuda Bar.

This comes as the firm celebrates the fifth anniversary of its Bermuda office, underscoring the continued investment and commitment to delivering premier offshore legal and corporate administration services across the three key offshore jurisdictions of Bermuda, British Virgin Islands and Cayman Islands to Asia-based clients.

The team of Asia located Bermuda RAs consists of a broad swathe of partners and lawyers across Walkers' three core practices of Investment Funds & Corporate, Finance and Insolvency, Restructuring and Dispute Resolution. In addition to the expansion of the Bermuda legal services team, Walkers Professional Services are able to provide corporate administration, independent directors and board governance advisory services, providing a one-stop legal and corporate services solution for Bermuda companies.

Andy Randall, Managing Partner of Walkers Hong Kong states: "We are committed to delivering the same tier-one legal advice for Bermuda as we have for Cayman Islands and BVI in this region. For us, that means it is not good enough to have merely one or two lawyers able to advise on Bermuda law, but a deep bench of lawyers across all our key practice areas, which our clients can trust and rely on."

Kevin Taylor, Managing Partner of Walkers Bermuda adds: "The addition of Asia-based RAs further strengthens our global Bermuda offering. In Bermuda, we've grown to be the third largest international law firm on the island in just five years, and this demonstrates just how much of a gap there was in the Bermuda legal market and how attractive clients have found our commitment to the delivery of excellence. Walkers are proud to be flying the Bermuda flag and to represent the legal professional community on the global stage."

 
The key Walkers Asia Bermuda contacts are:

Finance

Rupen Shah, Partner – Hong Kong

Shirleen Tan, Partner – Singapore

Investment Funds & Corporate

Nicholas Davies, Partner – Hong Kong

Jo Lit, Partner – Hong Kong

Mark Cummings, Partner – Hong Kong

James Twigg, Partner – Singapore

Insolvency Restructuring & Dispute Resolution

Joanne Collett, Partner – Hong Kong

Adam Hinks, Counsel - Singapore