Sackers has appointed Paige Willis as an associate to boost the expansion of its London-based alternative funding and contingent asset practice.
In her new role, Willis will be working on a broad spectrum of funding and security solutions which will include guarantees, escrow arrangements, surety bonds, letters of credit, legal mortgages over real estate and asset-backed contribution structures.
Willis joins the specialist law firm for pensions and retirement savings from international law firm Ashurst, where she was a solicitor working in securities and derivatives team since qualifying in March 2017. Prior to that she worked in securities and asset management at Lloyds Banking Group in 2016.
Sackers partner and head of contingent asset and alternative funding practice Vicky Carr, commented: "Paige's appointment reflects an increasing demand from trustees and employers for advice on a wide range of funding and security solutions for defined benefit (DB) pension schemes, both in the context of scheme funding discussions and where a corporate event impacts the employer covenant."
The appointment brings Sackers' total number of lawyers to 56. It follows duo hires, Harriet Dove and Mike Fallow, in October 2017 and eight promotions, including lawyers Jacqui Reid, Ralph McClelland and Lucy Dunbar to partners, in July 2017.
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