Kinetic builds team 08 March 2011Cayman Islands Reporter: ben Wilkie
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Kinetic Partners has announced two new hires to strengthen its insolvency and forensic services practice.
Jess Shakespeare joins Kinetic as a director and is a Cayman qualified insolvency practitioner with extensive experience gained working with investment funds and in the insurance and banking industries in the Cayman Islands. Previously, he acted as a director to numerous investment funds and structured finance vehicles, provided administration services to unit trusts, and acted as a liquidator in hundreds of voluntary liquidations of such entities.
James Plowright joins Kinetic Partners from Worrells Solvency and Forensic Accountants in Australia, where he gained comprehensive experience in negotiation of the sales of assets and businesses, voluntary administrations and liquidations, corporate and non-corporate receiverships and litigation support. He is CPA and IPA qualified.
Shakespeare commented: “I am very pleased to be joining Kinetic Partners’ Grand Cayman office at a time when the team and the firm is growing and moving in an exciting direction. After five years of great success, I relish the prospect of strengthening the firm’s achievements and capabilities in liquidation and forensic services.”
Julian Korek, founding member of Kinetic Partners, commented: “We are delighted to celebrate our fifth anniversary in Grand Cayman by welcoming two valuable new members to Kinetic Partners’ liquidation and forensic services contingent. Jess and James will work closely with their counterparts in our other locations as ongoing reform in financial services will continue the need for expertise in this area.”
Geoff Varga, who leads Kinetic Partners’ corporate recovery service offering in Cayman and New York, also noted that “these additions are just further examples of our continued growth and focus in the distressed funds arena. Furthermore, by utilising our Firm’s global team approach to formal and informal liquidation mandates, involving both onshore and offshore entities and structures, we have been able to continue to propel ourselves as a key provider of solutions in the space.”
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