Corporate, funds and trust services provider Estera has announced the launch of legal services in Bermuda and the Cayman Islands.
Estera’s services will cover a number of practice areas including corporate and commercial, regulatory, insurance and investment funds.
The group said it launched the legal services in response to demands by clients for tailored solutions to support their strategic and operational priorities in the face of rapidly evolving regulatory, jurisdictional and market environments.
Estera said the move gives clients the option of a one-stop-shop for legal, corporate and fiduciary services, and broadens relationships with clients in the Americas, Bermuda, the Cayman Islands and Hong Kong.
“We are extremely pleased to announce the launch of legal services in Bermuda and the Cayman Islands,” said James Maitland, Estera’s regional head of Americas, Bermuda and Caribbean, in a press release.
“We are resolutely focussed on enhancing our services and providing our clients flexible, expert solutions. We also remain dedicated to strengthening our collaborative relationships with our existing partners and intermediaries in the Americas, Bermuda, the Cayman Islands and Hong Kong. This expansion further demonstrates our commitment not only to Bermuda and the Cayman Islands, but to our clients throughout the region.”
In the Cayman Islands, Estera has entered into a business affiliation relationship with U Law Limited which has been renamed as Estera Law (Cayman) Limited.
Kendra Foster will be leading the legal team as managing partner. She has extensive experience in the Cayman Islands financial services industry and was the founding principal of U Law Limited.
Prior to founding the firm, Foster worked for an offshore law firm in the Cayman Islands and served as the deputy compliance director of a multinational corporate service provider. She has expertise in financial services, investment funds and general corporate commercial practice areas.
Foster said of the new relationship, “I am thrilled that U Law Limited is joining forces with the Estera Group and looking forward to partnering with managing director, Richard Gordon and the whole Estera team to develop Estera‘s Cayman Islands legal services offering by delivering a quality experience for clients focused on adding value.”
In Bermuda, Alison Dyer-Fagundo will lead the legal team as managing partner of Estera Law (Bermuda) Limited. She was a former partner of a global offshore law firm and has extensive experience in such areas as private equity transactions, derivatives, equity and debt markets and corporate governance.