Legal500

Walkers

171 MAIN STREET, PO BOX 92, ROAD TOWN, TORTOLA VG 110, BRITISH VIRGIN ISLANDS

Tel:: Work +1 284 494 2204
Fax:: Fax +1 284 494 5535

Web:: www.walkersglobal.com
Email:

Tortola, St Helier, Singapore, London, Hong Kong, Grand Cayman and 2 more

What we say about this firm…
What the firm says…

What we say about the firm's legal practice in British Virgin Islands

Corporate and commercial

Within Corporate and commercial , Walkers is a second tier firm,

Walkers's key matters included providing BVI law advice in connection with Banco Popular's sale of a 51% in its payment technology subsidiary EVERTEC to funds managed by Apollo Management. The team also acted for UniCredit Bank on its financing of Doughty Hanson, in connection with Doughty Hanson's acquisition of the Equity Trust group, and advised the underwriters in respect of the $1.25bn sale of shares in the IPO, resulting in a market capitalisation for ADHI of more than $3bn. Catherine Ross is a key contact. Newly promoted partner John Gosling 'delivers competent advice'; Marianne Rajic was promoted to senior counsel; Richard May left for Maples and Calder; and senior counsel Matthew Cowman departed to become deputy general counsel at GE Capital.

Dispute resolution

Within Dispute resolution , Walkers is a first tier firm,

Walkers is 'responsive and good value for money'. Highlights included acting for Grand Pacific Holdings in proceedings commenced for the liquidation of Pacific China Holdings, which raised novel points of law for the BVI. Managing partner Sandie Corbett and Julie Engwirda are key contacts. Jack Husbands is 'thoroughly competent'.

Legal market overview

Within Legal market overview,

International offshore law practices Harney Westwood & Riegels and Ogier are the largest and second largest firms in the BVI respectively. Conyers Dill & Pearman, Maples and Calder, Walkers and Appleby are the other major international law firms present. Local BVI firms, including Forbes Hare and O'Neal Webster - Barristers & Solicitors, merit mention.

Trusts/private client

Within Trusts/private client, Walkers is a first tier firm,

Walkers's 'service is prompt, detailed and professional'. The practice has substantial experience in acting for UHNW individuals and their advisers, as well as international trustees and other financial institutions on the establishment, administration and termination of trusts. The group also teams up with the firm's global trusts disputes practice, which has been involved in substantial international trust disputes. Christopher McKenzie heads the commercial trust side. McKenzie is 'very knowledgeable and responsive'. Associate Omonike Robinson-Pickering is also praised.

Further information on Walkers

Please choose from this list to view details of what we say about Walkers in other jurisdictions.

Foreign Firms in London

Offshore firms in London : Offshore

Jersey

Offices in St Helier

Cayman Islands

Offices in Grand Cayman

British Virgin Islands

Offices in Tortola

Search News and Articles

Legal Developments in British Virgin Islands

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

Through The Open Window - Leveraging Cross-Jurisdictional Opportunities For BVI Property Transfers

Arare congruence of exemptions under the US and BVI tax codes has prompted United States (“U.S.”) citizens holding British Virgin Island (“BVI”) property to undertake inter vivos transfers to their heirs during 2012.

- O'Neal Webster - Barristers & Solicitors
BVI Funds Update: Exemption from Requirement to appoint Custodian and Manager

On 15 March 2012 the British Virgin Islands Financial Services Commission (the “Commission”) published guidelines for practitioners requesting exemptions for funds from the requirement to appoint a manager, custodian or both (the “Guidelines”).

- Bedell Cristin
VISTA trusts

Different style - Vanessa King looks at VISTA trusts eight years on

- O'Neal Webster - Barristers & Solicitors
FINANCE 2012

British Virgin Islands

- O'Neal Webster - Barristers & Solicitors
Investment funds in the BVI

BVI Funds - Legal and structuring considerations

- Ogier
A Brief guide to... British Virgin Islands

So far as tourism is concerned, the British Virgin Islands (the BVI) is described as "Nature's Little Secrets"; in the financial services industry this could not be further from the truth.

- Bedell Cristin
Eastern Caribbean Court of Appral considers enforcement issues in Alfa v Cukurova

On 20 July 2011 the Eastern Caribbean Court of Appeal (“ECCA”) handed down the latest decision in the long running case of Alfa Telecom Turkey Limited v Cukurova Finance International Limited and Cukurova Holdings AS.

- Harney Westwood & Riegels
Changes to the EU Savings Tax Regime in the British Virgin Islands

The British Virgin Islands’ Mutual Legal Assistance (Tax Matters) Act, 2003 as amended in 2005 (the “Act”) has given effect in the BVI to EC Directive 2003/48 on the taxation of savings income in the form of interest payments (the “Directive”) for the last six tax years.

- Harney Westwood & Riegels
CONTINUATION OF A FOREIGN COMPANY INTO THE BVI

Companies often consider “what if” they could transfer to another jurisdiction based on what is currently happening in their current jurisdiction or simply to take advantage of developments within another jurisdiction.

- O'Neal Webster - Barristers & Solicitors
DIRECTORS DUTIES – A BVI PERSPECTIVE

Directors of British Virgin Islands (“BVI”) companies have certain fiduciary duties which arise both at common law and under statute. These fiduciary duties ultimately seek to protect companies and their shareholders whose destiny lie primarily in the hands of the directors in charge.the hands of the directors in charge.

- O'Neal Webster - Barristers & Solicitors