Caribbean - Cayman Islands

Walkers

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Walkers‘ finance and corporate practice fields a market-leading team of finance lawyers, which routinely advises leading financial institutions on all types of finance transactions, including cross-border syndicated, acquisition and project finance work and derivatives mandates. In the capital market and structured finance space, James Burch stands out as a key player, and regularly handles CLOs, securitisations and secured note programme structures alongside Philip Paschalides, whose expertise ranges from debt capital market issuances to catastrophe bonds and insurance-linked securities. Rob Jackson regularly handles cross-border project finance transactions, hedge funds and private equity financings. Joanne Ziegler’s expertise spans structured finance and securitisation transactions, CLOs, aircraft ABS transactions and CSX listings, while Sarah Humpleby‘s knowledge of the aviation and asset finance industry allows her to navigate complex transactions. Fund finance transaction specialist Justin Hart and subscription finance expert Hugh Anderson are also highly recommended. Newly promoted partner Olga Sologub and David Collins’ expertise in bilateral and syndicated lending add to the team.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Walkers has the ability to handle multiple Caribbean jurisdictions seamlessly and with ease. The lawyers are extremely responsive and hardworking, and very familiar with international finance structures.'

  • ‘Hugh Anderson is extremely responsive and business-minded. He is able to complete complex security arrangements in a short period of time and can be trusted to provide meaningful input without over-complicating a transaction.’

Key clients

  • AASET 2022-1 Limited, Carlyle Aviation Management
  • Airborne Capital Limited
  • EJF Acquisition Corporation
  • Spirit Airlines, Inc.
  • Warburg Pincus LLC

Work highlights

  • Advising EJF (a Cayman Island SPAC) on its listing and subsequent $8.5bn business combination with Pagaya.
  • Advising Spirit Airlines, Inc. on the issuance by Spirit IP Cayman and Spirit Loyalty Cayman of an additional $600m of 8% senior secured notes due 2025, guaranteed by its 'Free Spirit' loyalty programme and brand intellectual property.
  • Acted as Cayman legal counsel to AASET 2022-1 Limited, a bankruptcy remote SPV which was the issuer of the asset-backed securities.

Other key lawyers

Rob Jackson, David Collins, Philip Paschalides, James Burch, Hugh Anderson, Justin Hart, Sarah Humpleby, Joanne Ziegler, Adeola Adeyemi, Olga Sologub