Business in brief

Walkers hires two attorneys  

Stuart Rowe and Brett Basdeo have joined Walkers. Both will be members of the firm’s local business team. The local practice covers commercial law, employment law, real estate law, regulatory law as well as intellectual property law.  

Mr. Rowe joins Walkers as senior counsel to head Walkers’ real estate group. He specializes in real estate and banking transactions, advising a wide range of clients on the acquisition, disposal, leasing and development of hotel, retail, commercial and residential property in the Cayman Islands, as well as advising local and international financial institutions on lending and restructuring matters. He also provides advice in respect of Cayman company formation and licensing. Mr. Rowe will be supported by Nan Erb who qualified as an attorney earlier in the year after successfully completing articles with the firm. 

Mr. Basdeo joins Walkers as an associate in its Insolvency and Dispute Resolution team. He has significant experience in commercial litigation, having advised fiduciaries and other officeholders and appointees, as well as corporate, government and institutional clients, on a broad range of disputes. Mr. Basdeo has appeared as an advocate before various statutory boards, tribunals, the Summary Court and the Grand Court of the Cayman Islands.  

Ogier named Offshore Law Firm of the Year   

Ogier was crowned Offshore Law Firm of the Year on June 23 by The Lawyer. 

“This prestigious award recognizes the strides Ogier has made since the management buyout of our fiduciary arm last year,” said Ogier’s global managing partner Nick Kershaw. 

The Offshore Law Firm of the Year award was given to Ogier because the firm maintained its momentum after the management buyout and used its new, law-only focus to expand its offering, moving a disputes team into Hong Kong for the first time and continuing to grow its Luxembourg office. 

Ogier advised on two of the largest pieces of litigation seen in its home jurisdictions of Guernsey and Jersey last year – representing Carlyle in a $1 billion Guernsey funds dispute and for the beneficiaries of a trust in a claim against the trustees for gross negligence, which was settled last year. 

Carey Olsen welcomes new litigation attorney  

Ashleigh Dixon appeared before Justice Richard Williams of the Cayman Islands Grand Court for admission as an attorney-at-law on June 25. Ms. Dixon’s application was presented by Jan Golaszewski, partner with Carey Olsen’s litigation and insolvency team.  

Ms. Dixon qualified as a solicitor of the Supreme Court of Queensland, Australia, in December 2011 and as a solicitor of the High Court of Australia in January 2012. She possesses a Bachelor of International Business and a Bachelor of Laws (with Honours) from Griffith University, Brisbane. She completed the Graduate Diploma of Legal Practice at the College of Law and subsequently completed her training with Allens Linklaters. Ms. Dixon was employed as a lawyer with Allens Linklaters and Henry Davis York before joining Carey Olsen as an associate. She specializes in corporate insolvency, banking litigation and financial services disputes.  

Cayman National backs new youth and parent resource  

Cayman National has partnered with YMCA Cayman Islands, AMF Partners Ltd. and Connect with Kids to offer the youth and parents of the Cayman Islands a new resource at no cost.  

Connect with Kids is an educational and instructional media company in Atlanta, Georgia, that develops programs to improve student health, behavior and parent engagement. 

The partnership will deliver a website and tool for the Cayman Islands community. The website will provide a comprehensive, non-fiction video library on social and emotional issues relevant to the Cayman Islands and videos, lesson plans, professional development modules and parent resources on topics such as bullying and violence prevention, character development, attendance, college and career readiness and more.  

“When Mr. Ricardo Forbes of AMF Partners Ltd. approached us with this opportunity, we felt the need to assist but knew this strategy would have an even more significant impact if we engaged an organization that is already invested in developing our youth,” said Ormond Williams, president of Cayman National Bank.  

Mr. Forbes then met with YMCA CEO Gregory Smith who immediately showed interest in championing the program on island. 

Smoothie King donates to Special Olympics Cayman Islands   

Smoothie King donated $500 to support Special Olympics Cayman Islands athletes.  

“We are very pleased to be able to contribute to such an important cause and help SOCI athletes achieve their goals in the Special Olympics competitions,” said Gary Watler, co-owner and manager of Smoothie King Cayman Islands.  

Penny McDowall, head coach in aquatics at SOCI, said, “We are very thankful for this donation from Smoothie King. We will be using these funds to assist our athletes with the expenses that will be incurred for the 2015 World Games. Our athletes and coaches are looking forward to attending and competing in these international games.”  

The SOCI athletes are preparing to compete in the upcoming 2015 Special Olympics World Games next month in Los Angeles, California.  

Jason Dorsey to keynote Cayman Captive Forum 2015  

The keynote speaker for the 2015 Cayman Captive Forum is the “Gen Y Guy,” Jason Dorsey. 

Mr. Dorsey, who wrote his first best-selling book at the age of 18, is the chief strategy officer at The Center for Generational Kinetics, which conducts research for companies all around the world, solving the challenges of an inter-generational workforce, how to design new products and how to communicate with a new generation of buyers and influencers. 

He will speak to the expected 1,400 delegates at this year’s Cayman Captive Forum on the topic “Crossing the Generational Divide,” approaching it from a healthcare perspective, which will appeal to the significant number of attendees who represent healthcare captives at the conference, organizers said.  

Forum chair Erin Brosnihan said, “Generations have often had troubles relating to each other and understanding each other’s cultures. This divide is something that is apparent in many organizations and Jason’s entertaining, passionate style is sure to bring the humorous side of this to light, along with some practical tips for dealing with it.” 

The Cayman Captive Forum is the world’s largest captive insurance conference, featuring presentations from leading industry experts in the captive insurance industry.  

UBS spends day with young community  

To help promote literacy, UBS staff ditched their bank holiday on May 25 to read to and with children at St. Ignatius and Triple C schools.  

UBS staff volunteers sat under the trees with students at St. Ignatius, reading books from the Kiwanis “Book Mobile” library. Along with Kiwanian Paul de Freitas, the volunteers encouraged children to select books. 

“It was great interacting with the kids and helping them develop their reading skills. I was most impressed with the level at which they were reading and inspired to spend more time reading with my child,” said UBS volunteer James Yonge. 

“We hope that UBS and staff will come again, perhaps opening a new chapter in school partnerships,” said Principal Veronica Heffernan. 

At Triple C, the volunteers assisted teenage Key Club students with their “Key to STEM” event, an initiative geared towards elementary students to promote Science, Technology, Engineering and Mathematics. 

UBS event coordinator Jessica Deegenaars said of the first UBS volunteer day, “Firstly, the Book Mobile impressed not onl
y us, but the children and teachers at St. Ignatius School. There was a buzz around the lovely shaded schoolyard as we interacted with children from prep right through to year four. And then the Key Club,” she said. “It was refreshing to see so many students of different ages enthused and amused by educational fun. I’m not sure who had more fun; the students or the UBS employees.” 

Ashleigh Dixon, with Justice Richard Williams, center, and Jan Golaszewski, a partner with Carey Olsen’s litigation and insolvency team, has been admitted as an attorney-at-law.


CNB President Ormond Williams, left, hands over a check to Gregory Smith, CEO of YMCA, center, and Ricardo Forbes of AMF Partners Ltd. to help fund Connect with Kids.


Gary Watler, co-owner and manager of Smoothie King Cayman Islands, right, presents a check to Special Olympics athlete Andrew Smiley.


UBS volunteers partnered with Kiwanis to host the community day.