Dentons opens offices in the British Virgin Islands and Saint Lucia

Dentons has opened offices in the British Virgin Islands and Saint Lucia as part of its expansion plans in the Caribbean. Dentons is the only Pan-Caribbean law firm, and with more offices in all of Latin America and the Caribbean than any other law firm, Dentons is the first truly Pan-Latin American and the Caribbean law firm in the history of the legal profession.

The British Virgin Islands is widely recognised as a leading international financial centre principally due to its internationally recognised regulatory regime, a well-developed and professional corporate infrastructure, efficient company formation and administration processes, political and economic stability, an internationally renowned and respected commercial court and tax-neutrality. The British Virgin Islands is a world leader for excellence and innovation in financial services and plays an essential role in the global economy. The BVI Business Company is widely used globally as the core of many private wealth, investment and joint venture structures.

“Dentons’ new offices in the British Virgin Islands and Saint Lucia enable us to meet client needs in two additional priority Caribbean markets for our clients,” said Elliott Portnoy, Global CEO of Dentons. “We can now connect our clients to our leading talent in the British Virgin Islands and Saint Lucia as well as to our 19,000+ people in 184 locations across 76 countries around the globe.”

“Dentons continues to execute its strategy to scale the firm across the Latin America and the Caribbean region despite the unprecedented challenges created by COVID-19,” said Joe Andrew, Global Chairman of Dentons. “With offices in 25 countries, Dentons is now present in virtually all of Latin America and the Caribbean – a true differentiator for our clients.”

“Since entering the region in 2016, Dentons has combined with elite firms across Latin America and the Caribbean,” said Jorge Alers, the Latin America and the Caribbean Region CEO of Dentons. “Our new offices in the British Virgin Islands and Saint Lucia complement our strategy to enhance our offshore practices across the Caribbean , as well as in other offshore financial and corporate centers, such as Panama, Uruguay, Mauritius, Ireland, Luxembourg, Hong Kong and Singapore.”

Dentons’ new office in the British Virgin Islands is led by partner Stuart Bruce who has extensive experience handling complex, high-value cross-border matters across Banking and Finance, M&A, Private Equity and Joint Ventures, Corporate and Regulatory advice. In Saint Lucia, Dentons has expertise in Banking and Finance, Corporate, Construction, Employment and Labour, Financial Institutions, Government, Hotels and Leisure, Insurance, Litigation and Dispute Resolution, Public Law and Real Estate.

So far in 2020, Dentons has launched six combinations: Dentons Bingham Greenebaum and Dentons Cohen & Grigsby, the first step in forming a truly national law firm in the United States as part of Dentons’ “Project Golden Spike,” Dentons Kensington Swan in New Zealand, Dentons Lee in South Korea, Dentons Jiménez de Aréchaga in Uruguay and Dentons Rattagan Macchiavello Arocena in Argentina.

BDO USA expands Advisory Practice with addition of AC Lordi

BDO USA LLP, one of the nations leading accounting and advisory firms, today announced the expansion of its Philadelphia practice through the addition of 100 professionals from Philadelphia area-based management consulting firm AC Lordi. The addition enhances BDOs advisory offerings and strengthens BDOs local foothold in the Philadelphia region.

Founded in 2001, AC Lordi specialises in accounting, risk and compliance, business advisory and CFO services. The firms practice areas include SEC reporting, technical accounting, internal and IT audit, SOX compliance and finance transformation, among others. The firm has performed work throughout the U.S. and in more than twenty countries for a broad range of clients, from emerging private equity-sponsored companies to multinational organisations across most major industries.

BDO and AC Lordi are united in our commitment to providing exceptional client service and a holistic, solutions-oriented approach to complex business problems, said Jay Duke, national managing partner of Advisory Services at BDO USA. This expansion builds on our advisory capabilities in the Philadelphia market with an infusion of top-notch local talent and deep industry experience.

Subject to customary closing conditions, the combination of BDO and AC Lordi will be effective June 1, 2019. Upon completion of the transaction, AC Lordi CEO Frank Lordi along with the firms six other principals will become BDO partners.

We are thrilled to combine forces with BDO and increase the breadth and depth of services we can offer to our clients, said Lordi. As part of such a high-caliber advisory practice, we can take advantage of BDOs resources and relationships nationally and around the world. In turn, our team will deepen BDOs management consulting and regulatory compliance credentials in addition to strengthening its presence in the mid-Atlantic region. We are stronger together than apart.

BDO Facts:

  • Over the past six years, BDO USAs cumulative growth rate has far outpaced all other major U.S. accounting firms, with revenues more than doubling from $618 million in 2012 to $1.47 billion in 2018. During that time, BDO entered 24 new U.S. cities and expanded its critical mass in 13 existing markets.
  • BDO represents companies ranging from closely-held private businesses to leading non-profits to Fortune 500 multinationals.
  • BDO USA has industry practices specialised in serving businesses in the construction, energy, financial institutions, asset management, government contracting, healthcare, insurance, manufacturing, non-profit, private equity, real estate, hospitality, retail and technology sectors.
  • BDO has been named a Best Company by Working Mother Magazine for eight consecutive years and been recognised with the When Work Works Award for Business Excellence in Workplace Flexibility for nine consecutive years.
  • BDO has more than 60 offices and more than 650 independent alliance firm locations around the country.
  • BDO USA has been serving clients for more than 100 years since its founding in 1910 (as Seidman & Seidman).
  • As an independent member of BDO International Limited, the firm can leverage the resources of more than 80,000 people in more than 1,590 offices across 162 countries.

About BDO USA

BDO is the brand name for BDO USA LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through more than 60 offices and over 650 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of more than 80,000 people working out of 1,590 offices across 162 countries.

BDO USA LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms.

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Arc Legal expands Corporate team with new hire

Arc Legal Assistance (Arc Legal), a leading provider of legal expenses insurance (LEI) and assistance services provider in the UK and Republic of Ireland, has welcomed Kerry Knief as its new Senior Corporate Relations Manager.

Kerry joins Arc Legal with over twenty years’ experience in the insurance industry having previously worked for AXA Partners as a Senior Account Manager, managing key strategic clients, specialising in ancillary products.

Kerry’s new role will involve managing existing corporate relationships, with a focus on identifying growth opportunities with partners across Arc Legal’s ancillary product range.

Chief Commercial Officer, Peter Harvey commented;

“Further growth has prompted us to bolster our Corporate Relations team, and Kerry’s knowledge and experience in the ancillary products market makes her a great fit for us.”

“Kerry has a wealth of experience in the industry, and her appointment will help to ensure we continue to meet our growth ambitions for 2019 and beyond. She has a fantastic reputation in the industry and we are delighted to have her on board.”

Kerry Knief, Commented;

“I am very excited to be able to join the team here at Arc Legal, especially during this exciting period of continued growth and expansion. I am looking forward to hitting the ground running and contributing towards the continued success of the business.”

For more information about Arc Legal Assistance, please visit https://www.arclegal.co.uk/