Delaware office provides full range of corporate and fiduciary services
WILMINGTON, Del. - Monday, June 13th 2011 [ME NewsWire]
(BUSINESS WIRE)-- Walkers Management Services is delighted to mark its first successful year of operation in Delaware, with the firm's US office having recently celebrated its One Year Anniversary.
Since opening in May 2010, Walkers Management Services' Delaware office has grown significantly with seven Walkers employees currently in place in Wilmington, having initially opened with two staff members.
From its office in Delaware, which is one of the management and fiduciary services group's six international locations, Walkers Management Services provides the full range of corporate and fiduciary services to US and international clients.
"We have been thrilled with the reaction we have received from our clients since opening in Delaware a year ago and we are especially pleased with how quickly we have achieved critical mass and recognition from the State of Delaware," said Renee Haggerty, Vice President of Walkers Corporate Services Delaware Ltd.
Walkers Management Services opened in Delaware as part of a major international expansion in 2010 in response to client demand. "Many of our clients have a number of Delaware entities within their corporate structures and had said that they wanted to see the same level of service and added-value applied to their Delaware entities as they already receive from Walkers in our other global jurisdictions," Ms. Haggerty added. "We look forward to continuing to serve our clients here in Delaware and to the further growth of the office."
In assisting clients in the management of Delaware entities within their global corporate structures, Walkers Management Services provides Statutory Registered Agent and Company Secretarial services in Delaware and acts as a Recipient for Service of Process in New York. Additional corporate services include Delaware State Franchise Tax and Annual Report submissions, the maintenance of consistent entity Good Standing and corporate governance specialists as single points of contact.
On the fiduciary side, Walkers Management Services provides the complete spectrum of independent director and fiduciary services, working with hedge fund, private equity fund and structured finance clients. Services include the provision of independent directors to serve on a wide range of corporate entities including Delaware companies and General Partners, as well as providing managers to Delaware Limited Liability Companies. The group also offers co-issuer services for structured finance transactions and is able to provide accounting services and support to special purpose vehicles, holding companies and other corporate entities.
"Our first 12-months in Delaware has been an extremely exciting period for the Group and has been instrumental in furthering our ability to service our clients' needs and to offer the full range of corporate and fiduciary services in the jurisdictions that are important to them," said Richard Ruffer, Senior Vice President of Walkers Global Holdings, who oversees Fiduciary Services for Walkers Management Services across the Group's global network.
Walkers Management Services clients also receive access to Walkers' innovative Client Portal which provides 24/7 secure online access to corporate records, statutory information, documents and billing records across their entire group. In today's busy and demanding global environment, clients have found the ability to have such information available at their fingertips from this exclusive service to be of the utmost benefit. Functionality of the Client Portal, launched in 2009, continues to be enhanced to meet the expanding requirements of users and a dedicated Client Portal development team is in place at Walkers' Delaware office.
Amid the intense global focus on robust corporate governance, Walkers Management Services has introduced a suite of corporate governance solutions, including Board Support Services to promote efficient board meetings and best practices in business management and Walkers' Virtual Boardroom which provides secure, anytime/anywhere access to meeting materials for board members to download at their leisure.
Walkers Management Services' expansion into Delaware was just part of the Group's global expansion in 2010 which also saw Hong Kong and Ireland added to the network of leading International Financial Centres, covering the Cayman Islands, the British Virgin Islands and Dubai.
About The Walkers Group
The Walkers Group is comprised of leading international financial law firm Walkers and management services provider, Walkers Management Services, which specialises in corporate and fiduciary services from offices in the British Virgin Islands, Cayman Islands, Delaware, Dubai, Dublin and Hong Kong.
For more information on the Walkers group, visit us on the web at www.walkersglobal.comor contact us by e-mail at info@walkersglobal.com.
Contacts
The Walkers Group
David Byrne
Chief Marketing Officer
Direct Line: +1 345 814 4652
Email: david.byrne@walkersglobal.com
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