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Lockton announces new additions to Transaction Liability Practice

3rd August 2022 - Author: Kane Wells

Lockton has announced two new additions to its growing Transaction Liability Practice, suggesting the new hires will bring expertise in real estate transactions and tax matters as the broker continues to enhance its capabilities for its clients.

Andrea Anderson joins Lockton as a Senior Vice President in the company’s Transaction Liability Practice from WeWork, where she served as head of franchise and strategic real estate transactions. Lockton state that Anderson has nearly two decades of experience as an attorney, with a focus initially on real estate and most recently on real estate-related M&A. Before joining WeWork, Anderson acted as Southeast Region General Counsel at the Rockefeller Group, a real estate developer and investor. She began her legal career as a real estate associate at Proskauer Rose.

Audrey Bailey joins Lockton as a Vice President within the Transaction Liability Practice’s Tax Insurance team. She was previously a Senior Manager at Ernst & Young, where she assisted clients on tax matters in connection with corporate and private equity transactions across all industries.

“I first worked with Andrea almost 20 years ago at Proskauer, and her work ethic, legal intellect and demeanour have been superb from day one,” Matt Heinz, Transaction Liability Co-Practice Leader said.

“Beyond that, her mix of real estate and M&A experience is completely unique in our space. She is the perfect professional to expand our growing real estate transaction liability discipline, as that industry embraces the use of insurance as a dealmaking enhancement.”

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Dan Berger, Head of Tax Insurance, commended Bailey, stating, “Audrey has advised clients on a broad range of sophisticated transactions while navigating complex tax risks.”

“As companies increasingly use tax insurance to address a diverse range of tax exposures, she is a tremendous addition to Lockton’s team.”

The hirings of Anderson and Bailey — both of whom are based in New York — follow several important additions to Lockton’s Transaction Liability team since 2020.

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