"The firm is 'full of creative thinkers who are always effective, efficient and up to the challenge in the execution phase of transactions', according to clients."

- Chambers Global

Philip Paschalides

Partner
T +1 345 814 4675
F +1 345 814 8275

Philip is based in the firm’s Cayman Islands office and is a partner in the Global Finance and Corporate Group.

Philip specialises in debt capital market issuances, securitisations and structured products, including repackagings, CLOs, catastrophe bonds, insurance-linked securities and bespoke structured transactions.  Philip frequently represents lenders on secured and unsecured lending transactions, in particular within the hedge fund and private equity fund context. Over recent years, Philip has also focussed on insurance structures (providing both advisory and transactional support) and, over the financial crisis had an active restructuring practice, dealing with large corporate restructurings as well as the restructuring of complex structured finance transactions such as SIVs.

Philip is also a member of the multi-disciplinary insurance practice, advising on insurance structures which are traditional and those which are innovative.

Prior Employment Experience

Philip spent his pupillage year at 3 Verulam Buildings, a specialist banking and finance chambers in London. He then moved to Sidley in London, where he spent approximately four years working in a dedicated securitisation and structured finance team. While there, he was also seconded for a short period to the legal department of a specialist emerging markets bank in the City of London. While at Sidley, Philip worked for arrangers, issuers, credit enhancers, monoline insurance companies and trustees on a wide range of structured finance transactions involving numerous asset classes and employing various structures and techniques. He also represented financial institutions on numerous cross-border lending transactions.

Other Distinctions

IFLR 1000, 2012 Edition - Leading Cayman Islands Lawyer - "Of partner Philip Paschalides, one client remarks: 'He has a very clear understanding of the documents and the law. I trust his analysis and he's very willing to explain things.'"

2011 Chambers Global Guide - "Very good - one of the best finance lawyers here."

2010 Chambers Global Guide - "Peers praise his ability to adapt to changing markets with ease, due to his diverse background across the finance spectrum and his restructuring experience."

IFLR 1000, 2011 & 2010 Editions - Leading Cayman Islands Lawyer

2009 Chambers Global Guide - "Philip Paschalides has made an impression on the market as 'one of the best capital markets practitioners' in the jurisdiction."

2009 Legal 500 Guide - "Some of the firm's best known individuals include the 'outstanding' Philip Paschalides..."