Patrick Ormond

Patrick Ormond

Partner

T +44 (0)20 7220 4983
M +44 (0)7951 757 608

Practice Areas

Patrick Ormond is a partner in Walkers' top tier ranked London office, specialising in BVI, Bermuda and Cayman Islands corporate and finance advice to clients in the European time zone.

He has spent 17 years in private practice and almost a decade offshore, and has worked on some of the highest profile and most complex corporate and finance offshore transactions of recent years.

These include the $55bn sale of TNK-BP, the $2bn take private of Luxoft Holding, the $1.5bn business combination of SPAC Queen's Gambit and SWVL, the $1.3bn take private of UTi Worldwide, the $8bn acquisition by Liberty Media of Formula One, Uber's $3.1bn acquisition of Careem, Foster Wheeler's take private of MDM Engineering, the launch of Alberton Acquisition Company as a BVI SPAC, various regulatory licensees and trust companies on acquisitions, changes of control and regulatory filings, together with numerous finance transactions.

 

Patrick has particular experience and expertise in the following practice areas:


Corporate:

  • equity capital markets, including IPOs and SPACs;
  • mergers and acquisitions, advising on take-private transactions, business combinations, de-SPACs and private M&A;
  • joint ventures;
  • mergers, continuations and migrations between jurisdictions and corporate group reorganisations;
  • acquisitions and changes of control of regulated BVI businesses;
  • formation and structuring of limited partnerships;
  • incorporations

Finance:

  • real estate finance;
  • acquisition finance;
  • fund finance;
  • energy and natural resource finance;
  • project finance.
  • Restructuring:
  • enforcement of security;
  • loan to own transactions;
  • distressed lending;

FinTech:

  • deFi structures;
  • token issuances;
  • regulatory considerations.

Having trained and worked as a banking and finance lawyer in London with Macfarlanes, Patrick moved to the BVI in 2012 and joined Walkers' BVI office as a partner in 2017. He was the managing partner of the BVI office from 2018 to 2020 before relocating to join Walkers' market-leading London office.

Admitted In:
British Virgin Islands
England and Wales (not practising)

Qualifications:
BA (Hons) in History, Royal Holloway University of London
Postgraduate Diploma in Law, BPP
Legal Practice Course, BPP

2020 Chambers Global Guide - Notable Practitioner (Corporate & Finance) - 'Clients note that he "pays excellent attention to detail" and "invests in the client relationship." Fellow practitioners regard him as "a great technical lawyer" and "really experienced" in BVI transactional work.'

2020 Legal 500 - Next Generation Partners - Banking, Finance & Capital Markets

2020 Legal 500 - Next Generation Partners - Corporate & Commercial

2020 IFLR 1000 - Highly Regarded

2019 Chambers Global Guide - Notable Practitioner (Corporate & Finance) - "Sources describe him as a "fantastic lawyer" and as "extremely diligent and very efficient." 

2019 Legal 500 - Recommended Lawyer - Investment Funds 

2019 Legal 500 - Recommended Lawyer - Banking, Finance & Capital Markets

2019 Legal 500 - Recommended Lawyer - Corporate & Commercial

2019 IFLR 1000 - Highly Regarded

2018 Chambers Global Guide - (Corporate & Finance) A Notable Practitioner. "He is very responsive to my queries and I have the utmost confidence in his advice." Another noted: "He is a commercially minded man."

2018 IFLR 1000 - Rising Star, British Virgin Islands

2017 Chambers Global Guide - (Corporate and Finance) Associate to Watch. "attracts praise from a number of sources", "he's very responsive and committed".

2017 IFLR 1000 - Rising Star, British Virgin Islands

2016 Chambers Global Guide - (Corporate and Finance) Associate to Watch. "He's very efficient: he gets things done quickly and correctly. He is available whenever we need him and is really just a pleasure to work with".

2016 IFLR 1000 - Rising Star, British Virgin Islands

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