Marsh Management Services helps NCVO
Marsh Management donated $2,260 to the National Council of Voluntary Organisations’ Nadine Andreas Foster Home. The money goes toward activities and gifts for residents. Marsh also assisted with supplies for a greenhouse, which serves as an important element of learning for the children in foster care.
Foster Home Care manager Nasaria Suckoo-Chollette said, “Gardening is such a great way for the children to learn new skills and have fun outside. They can learn about the science of plants, weather, the environment, and about healthy eating, all from gardening.”
The NCVO runs several Children Services programs. For more information about the NCVO and how to assist those in need, visit www.ncvo.org.ky or call 949-2124.
Travers Thorpe Alberga expands
Law firm Travers Thorp Alberga continues its recruitment drive, and has appointed partner Louise Freestone, senior associate Deborah Drummond and senior associate Denise Owen.
Ms. Freestone is a corporate and funds lawyer with more than 20 years of legal experience in private practice in the City of London at Herbert Smith and in-house as general counsel to a private investment management firm. Ms. Freestone has significant experience in mergers, acquisitions, balance sheet restructurings, schemes of arrangement and reductions of capital and demergers.
Ms. Drummond qualified as an attorney-at-law in the Cayman Islands in 2006 and enjoyed a career in government, culminating in her position as deputy financial secretary, where she had responsibility for policy on legislative development and international issues in relation to the financial services sector. Ms. Drummond was also vice chairman of the Cayman Islands Stock Exchange, where she spearheaded the initiative and the legislation in setting up the exchange.
Ms. Owen joins TTA in the litigation group. She has more than 11 years’ experience as a barrister in the U.K., practicing for nine years at No5 Chambers, and in private practice as an attorney in the Cayman Islands. Since moving to Cayman in 2012, she has appeared regularly as an advocate in Grand Court and Financial Services Division matters in a number of high-profile cases. Ms. Owen has represented clients in insolvency and trust matters, fund and shareholders disputes, directors’ duties and liabilities, commercial law, public law matters and resulting cost disputes.
Senior Partner Anthony Travers said, “The results and the expansion of our new firm are both well ahead of predictions.”
When Travers joined TTA, there were nine lawyers, including six partners. Today there are 23 lawyers, 11 of whom are partners.
“The current rate of progress at TTA is most encouraging and no doubt entirely reflective of the quality of lawyers we have at the new firm,” Mr. Travers said.
“We lead Cayman in diversity; all our relevant metrics are very positive, and I’m now focused on the next stage of our development. To date, we have concentrated on Latin America, the Middle East, Hong Kong and Mainland China, and now we have developed sufficient traction we are ready to bring our very particular expertise and value proposition to the more traditional markets,” Mr. Travers added.
Head of Finance Nicole Pineda said, “There are no glass ceilings at TTA. I am pleased that the firm continues to demonstrate its commitment to diversity.”
Higgs & Johnson participates in aircraft acquisition and financing training
Francine Bryce, associate with Higgs & Johnson, Cayman Islands and deputy chair of the newly formed aviation practice group, participated in the Aircraft Acquisition and Financing course conducted by the IATA Training and Development Institute in Miami last month.
The four days of intensive classroom learning were led by Donald Bunker, an expert in aerospace finance law, Ms. Bryce said. The course covered an introduction to the aircraft market environment and a background to air law; the commercial environment and the requirements and method of aircraft financing and leasing; the leasing aspects and various types of aircraft leasing arrangements; and a review of the various legal documentation supporting a lease or acquisition of aircraft with the opportunity to examine certain key provisions.
Ms. Bryce said she was pleased that “the aviation industry continues to regard Cayman as one of the most suitable SPV jurisdictions for aircraft financing and leasing transactions.”